1.

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?

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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