Estoppel to Deny Existence of Agency Definition | Becker
Accounting Dictionary
Estoppel to Deny Existence of Agency
Where no actual agency relationship exists, if a person intentionally or carelessly causes a third party to believe another person is his or her agent and the third party detrimentally and justifiably relies on this belief, the person will be estopped (legally barred) from denying the other person acted as his or her authorized agent and so will be bound.