The Business Dictionary website defines a letter of authorization as a "written confirmation of a person's rank, authority, ability to enter into a legally binding contract, take a specific action, spend a given sum, or delegate his duties and powers." The letter gives a person or third party express permission to conduct business on behalf of another person.
A letter of authorization may aid a person who requires help to perform critical duties in a formal setting. Legally, a letter of authority is sufficient to delegate sensitive legal, health or financial obligation to another person or entity.
Typically, the letter of authorization is typed following an acceptable professional business format and applies correct grammar. The letter must expressly specify full particulars of the concerned parties and provide precise, in-depth details for clarity and communication purposes. If the letter regards medical information, be sure to include all relevant medical and insurance account numbers.
Typed letters of authorization are preferred to handwritten letters. Handwritten letters may be difficult to read and vulnerable to errors, which may skew the intent of the letter. Typed letters conform to the formalities of official communication. The letter of authorization is short and precise. The message must be written using a professional tone.Learn More
A client termination letter is documented written communication alerting a client that a company or individual wants to depart from the professional relationship and no longer conduct business together. The letter should indicate a separation date and the specific services that no longer need to be performed.Full Answer >
The cost of opening a bar is at least $20,000 and goes upwards from there, according to Entrepreneur magazine. If one is thinking about opening a sports bar in the near future, it is best to analyze all aspects of the business, including revenue potential, location and the target market.Full Answer >
A civil injunction is a court order that requires a person to do or stop doing a specific action, according to the Cornell University Law School. Some civil injunctions require that one individual not have contact with another, and these are referred to as "restraining orders."Full Answer >
The duties of shareholders are to attend general meetings called by directors, resolve matters that arise at the meetings, and oversee the directors and their actions to make sure the directors act within their powers. Shareholders can vote two types of resolutions: an ordinary resolution and a special resolution.Full Answer >