Marco was a furniture buyer for Wellart Department Stores. Marco was authorized to enter into contracts worth up to $50,000. Mar
co entered into a contract with Frank's Furniture to purchase $100,000 worth of dining room furniture. If Wellart refuses to honor the contract and Frank's sues:
Frank's will win, as Marco had implied and/or apparent authority.
Explanation:
Frank's will win, as Marco had implied and/or apparent authority.
Express authority is the authority which the principal has expressly given to the agent whether in a written or orally form.
Implied authority ( it can as well be described as usual authority) is the authority of an agent to acts which are reasonably incidental to and necessary for the effective performance of his duties.
So relating the above to the situation at hand, Mark acted based on the authority given to him by Wellart Department Stores. It was an implied authority.
Combien le coût du ciseaux dans la caractéristique de l’art en Chine salut, je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable 4, mais je ne sais pas quoi dire sur l’importance de la parentalité responsable
True, <span>insurers may withhold a portion of providers' payments to create a payment risk pool, which will be kept by the insurer if providers do not meet performance targets. This is to protect their investment and liability</span>
