When the principal intends to grant an authority to an agent by means of a contract is known as:
-
Delegate
-
Express authority
-
Principal authority
-
Co-Agent
B
Correct answer
Explanation
Express authority is granted by the principal to an agent through a contract or explicit agreement, clearly defining what the agent can do. This written or verbal authorization creates the legal agency relationship. Delegate (A) is an action, not authority type. Principal authority (C) and Co-Agent (D) are not standard legal terms describing how authority is granted.