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Tell Me Is A Company Liable For A Purchase Order Valued At $50,000 Placed By A Purchasing Agent Who Has Been Granted Authority Only Up To $25,000? |
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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. |
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