This power may also be expressed by mutual agreement between the client and the agent (the decision of the Federal Court in Chew Hock San & Ors against Connaught Housing Development Sdn Bhd [1985] 1 MLJ 350). Such agreements may take the form of a power of attorney or a list of authorized signatories for the execution of very specific documents. This power can also be issued by a letter of power of attorney issued by the company itself. In conclusion, a contract is effectively signed on behalf of a business party if the signatory has one of three types of powers in this regard: real, implied or presumed authority. It is rare that an employee acting in good faith on behalf of a company does not fall into at least one of these categories. The same applies where it has been established that the agent acted beyond or beyond his instructions, or without any authority of the company, as long as the other party had „reasonably assumed” that the agent had the authority to sign on behalf of the company. . . .

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