Is Company Liable For A Purchase Order Valued At $100,000 Placed By A

1.	Is Company Liable For A Purchase Order Valued At $100,000 Placed By A Purchasing Agent That Who Has Been Granted Authority Only Up To $50,000?
Answer» Purchasing agents have broad implied or apparent AUTHORITY. The COMPANY would be liable for the $50,000 PURCHASE ORDER. Purchasing agents have broad implied or apparent authority. The company would be liable for the $50,000 purchase order.

Is Company Liable For A Purchase Order Valued At $100,000 Placed By A Purchasing Agent That Who Has Been Granted Authority Only Up To $50,000?

Answer»

Purchasing agents have broad implied or apparent AUTHORITY. The COMPANY would be liable for the $50,000 PURCHASE ORDER.

Purchasing agents have broad implied or apparent authority. The company would be liable for the $50,000 purchase order.