In fact, for several years the accountant embezzled money from the company by writing checks to himself and depositing them in his own account. Its most notable run was from 1960 to 1967 on CBS. Allen Funt (1914–99) was an American television producer, director, and writer, best known as the creator and host of Candid Camera from the 1940s to 1980s, which was broadcast as either a regular show or a series of specials. Funt submitted to his bank through his production company various certificates permitting his accountant to use the company’s checking accounts. The principal bears the risk of any wrongful action of his agent, as demonstrated in Allen A. is the standard signature card on file with banks allowing corporate agents to write checks on the company’s credit. One common form of express authority Contractually given authority to the agent from the principal, orally or in writing, communicated to the third party. The principal consents to the agent’s actions, and the third party may then rely on the document attesting to the agent’s authority to deal on behalf of the principal. The strongest form of authority is that which is expressly granted, often in written form.
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