This section is from the book "Popular Law Library Vol3 Contracts Agency", by Albert H. Putney. Also see: Popular Law-Dictionary.
A principal may, by express authority, confer the power on the agent to sell personal property, but the power may also be implied from the circumstances of the case, as by giving possession of property to agent and permitting the agent to assume all the apparent indicia of ownership of said property.14 The general rules of sales of personal property, however, hold good and where sale is by the agent, the agent could not give a better title than the principal himself possesses.
10 Harrison vs. McKenry, 9 Ga., 164.
11 Bartlett vs. Tucker, 104 Mass.,
336. 12 Hall vs. Crandall, 29 Cal., 567.
13 Brent vs. Miller, 81 Ala., 309; Baldwin vs. Leonard, 34 Vt., 260.
Authority to buy, or sell, includes the authority to pass proper receipts or vouchers. A power to buy without any statement as to price, includes power to buy at any price within reason. A power to sell, does not give authority to sell at public auction.
 
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