AUTHORITY
Authority is not the same as presence, title, or proximity. The question is always: what actually authorizes this act? The answer comes from the governing instrument, the statute, the court order, or the relationship — not from assumption.
Filled nodes link to wiki entries. Outlined nodes are stations on this line — wiki entries coming.
Interchange means the concepts are related — not that the domains or concepts are legally identical.
A trustee acts in a fiduciary capacity. The trust instrument and applicable law define the scope of authority.
Officers, directors, and members act in defined capacities. Authority comes from the governing documents and applicable law.
An agent can bind a principal to a contract only within the scope of actual or apparent authority.
Sci-Finance™ analytical concepts — not governing-law terminology.
Which role or legal position matters for this particular act?
What actually authorizes the act — not who appears to be in charge?
What instrument or filing records the grant of authority?
What changed because of the authorized act?
Vel Xenon LII provides general legal information and educational material, not individualized legal advice. Law varies by jurisdiction and changes over time. Consult the underlying authorities and, when appropriate, a qualified professional for advice concerning a particular situation.