Contractors are well aware that they cannot rely on the apparent authority of government officials. Under Federal Crop Ins. Corp. v. Merrill, 332 U.S. 380 (1947), only an authorized contracting ...

The general rule is that, in the absence of authority from the board of directors, no person, not even its officers, can validly bind a corporation. However, just as a natural person may authorize ...

A recent decision out of the Armed Services Board of Contract Appeals serves as a useful reminder that the rules regarding apparent authority in contracting apply differently to government employees ...

Q: Can an independent contractor (IC) sign contracts that bind my agency? If not, why is a hotel hounding us for cancellation penalties under a group contract that the IC signed in our agency's name?

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Eric's career includes extensive work in both public and corporate accounting with ...

A rail company that sold railcars to an individual supposedly acting on behalf of another company can’t sue the other company for breach of contract – even though the individual used that company’s ...