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Exam term

Express authority · Insurance

Authority the principal actually and deliberately grants, usually in writing in the agency contract, such as the lines the agent may sell, the territory and binding limits.

Lessons that use this term

  • The law of agency: the insurer as principal and express, implied, and apparent authority New York

Exam prep

  • Insurance
  • Real Estate
  • SAFE MLO
  • SIE

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