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This is the agency power and authority inherent in a person by virtue of the position they occupy in an organization. It differs from implied agency because the latter becomes a consideration mostly when the purported agent actually acts - those things necessary to accomplish the authorized purposes are impliedly allowed to be done. But inherent agency power exists even before the purported agent acts, such as where a person assumes, before any cat is done, that a CEO has power to sign a company check (He may have actually been denied this power by the company.)

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Q: What is definition of inherent agency power?
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