Agency
In Colorado, 'apparent authority' of an agent means the principal is bound when:
AThe agent has express written authority
BA third party reasonably believes the agent has authority based on the principal's conduct✓ Correct
CThe agent acts within their actual authority
DThe agent is physically present with the principal
Explanation
Apparent authority arises when the principal's words or conduct create a reasonable belief in a third party's mind that the agent has authority to act, even if the agent actually lacks that authority. The principal is bound by the agent's acts within the scope of apparent authority.
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