Jack J. Morris Assocs. v. Mispillion St. Partners, LLC
In Jack J. Morris Assocs. v. Mispillion St. Partners, LLC, 2008 WL 3906755 (Del. Super. Aug. 26, 2008), the Delaware Superior Court described the three types of authority by which an agent may act in the ordinary course of business:
"Express authority may be conveyed to the agent, either orally or in writing. Implied authority may be evidenced by conduct of the principal. Apparent authority may be evidenced by the conduct of an agent who holds himself out as possessing authority with the apparent consent or knowledge of the principal. In these circumstances, the principal cannot deny the agent's authority."