Remaining payments on the office-space project

Assignment Help Business Management
Reference no: EM131995327

Sara pointed Chris as his manager for the duration of a new residential subdivision development program. Chris was authorized to transact all affairs relating to the subdivision. During the construction of the subdivision, Chris made the decision to use funds specified for the subdivision for an office-space project that Chris alone has been interested in completing. Sara got very angry when he learned of Chris's actions. Sara terminated Chris's agency. Chris insists that the agency cannot be terminated in his manner. Who is correct, Saraor Chris?

Sara also tells Chris that Chris alone is liable for any remaining payments on the office-space project. Chris insists that because he was acting as an agent when started that project, Sara is liable to the third party involved in the office-space project. Who is correct, Sara or Chris?

Reference no: EM131995327

Questions Cloud

What has owner done legally : What has owner done legally? What will be the result of that Fish-Fry Restaurants Corp and what can and should they do legally?
Whether current employment laws are sufficient to protect : Whether current employment laws are sufficient to protect employees. Please provide support for your answers. Provide website
Increasing the presence of unions better protect vulnerable : Would increasing the presence of unions better protect vulnerable employees? Please provide support for your answers.
Use of an independent contractor : Sara claims that the use of an independent contractor such as Boom-Boom, Inc. has insulated him from liability. Is Olivia correct?
Remaining payments on the office-space project : Sara also tells Chris that Chris alone is liable for any remaining payments on the office-space project. Chris insists that because he was acting
Main benefits of choosing a franchise model : What are the main benefits of choosing a franchise model for a new business? What are some of the negatives of a franchise model?
Fired entitled to get their jobs back : Eventually, the strike was settled. Are those workers that were fired entitled to get their jobs back? Why?
Discuss the similarity and difference between law and ethics : Discuss the similarity and difference between Law and Ethics. Present an argument if all things legal are ethical or not.
Fewer management responsibilities : Analyze the claim Pam may have, including remedies that she could seek.

Reviews

Write a Review

Business Management Questions & Answers

  The impact using incremental break-even analysis

"Break-even Analysis" Assess the impact using incremental break-even analysis could have on a company when compared to using the more common break-even analysis. Use specific examples to support your assessment.

  What is the wto, and what is its history?

What is the WTO, and what is its history?

  Principles of management barriers inhibiting getting

principles of management barriers inhibiting getting infoessay questionwhat barriers exist in your working or school

  How does consumption relate to the limits to growth model

How does consumption relate to the Limits to Growth model? Is it more important for us to address global attitudes towards population or consumption.

  Explain the structure of the global hamburger chain industry

Explain the structure of the global hamburger chain industry relevant to Jollibee

  Explain a major hurricane has struck the area

Explain a major hurricane has struck the area where your company has its central data center. There are offsite backups and hardware at three other centers around the country.

  Develop a situation analysis

For phase II of your marketing plan, you will develop a Situation Analysis. The Situation Analysis follows the Executive Summary and table of contents in the marketing plan. This will be the first section of the plan.

  How can meeting the challenge of change become an organizati

How can meeting the challenge of change become an organizational opportunity? Provide an example of an organization that used change as an opportunity.

  Calculate the consumer and producer surplus

Calculate the consumer and producer surplus. What has been the total welfare loss due to this action by the producers?

  Analysis of the job duties and knowledge

A job analysis consists of a thorough analysis of the job duties and knowledge, skills, abilities, and personal characteristics.

  What is the balance in the account

a. What is the balance in the account after 3years? How much of this balance corresponds to"interest on interest"? b. What is the balance in the account after 27years? How much of this balance corresponds to"interest on interest"?

  Price elasticity of demand for physicians

Assume the price elasticity of demand for physicians' services is -0.2. If your marginal cost per visit is $20, what is your profit-maximizing price

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd