The limitation on alice''s authority

Assignment Help Other Subject
Reference no: EM13189483

Pete Principal tells Alice, his sales agent, that under no circumstances does she have authority to make any warranties covering goods she sells for Pete. No third party ever learns about Pete's limitation on Alice's authority. Then Alice goes out and makes the forbidden warranties in a sale to Tom Third. The warranties Alice makes are customary in the trade, Tom knows this, and Tom knows nothing about the limitation on Alice's authority. Did Alice have implied authority to bind Pete here? Why or why not? What about apparent authority? Why or why not 

Reference no: EM13189483

Questions Cloud

Regulate the private security industry : Discuss the reasons for the need to regulate the private security industry. What regulations would you institute to accomplish this and what existing regullations would you revise and/or delete?
What is the amount of the cash flow in year 3 : GKX Industries expects sales of its hydraulic seals (in inches and metric sizes) to increase according to the cash flow sequences $70+4k, where k is in years and cash flow is in $1000. What is the amount of the cash flow in year 3
Theories regarding how pyramids at giza were constructed : There have been many theories regarding how the pyramids at Giza were constructed. Most experts agree that they were constructed as burial monuments for pharaohs, but "how" these ancient people constructed monuments of such great size without modern ..
Derive an expression for the marginal product of labor : Consider a Cobb-Douglas production function with three inputs, K is the capital(number of machines), L is labor (nuber of workers) and H is human capital (the number of college degrees among workers) The production fucntion isY=K1/3 L1/3 H1/3
The limitation on alice''s authority : Pete Principal tells Alice, his sales agent, that under no circumstances does she have authority to make any warranties covering goods she sells for Pete. No third party ever learns about Pete's limitation on Alice's authority.
Based on the following production and sales estimates : Based on the following production and sales estimates for May, determine the number of units expected to be manufactured in May.
How the semi-salt is earning monopoly profits : Despite the absence of patent protection, Semi-Salt has averaged accounting profits of 5.5 percent on investment since it began producing polyglutamate- a rate comparable to the average rate of interest that large banks paid on deposits over this ..
Accounting and consulting partnership : Hannah is a managing partner of Andrusian Worldwide LLP, an accounting and consulting partnership. Acting within her implied authority, Hannah makes a contract for Andrusian to perform an audit for National Motors Company.
What must opec do to maintain the price of oil : The opening statement on the Web site of the Organization of Petroleum Exporting Countries says, "OPEC's eleven members are all developing countries whose economies are heavily reliant on oil export revenues. THey therefore seek stable oil prices ..

Reviews

Write a Review

Other Subject Questions & Answers

  Explaining the employment law

What should employers do to ensure that interviews do not become obstacles to equal employment opportunity?

  Estimate organization financial performance-financial ratios

Estimate your organization's financial performance during past 2 years, by using financial ratios. Compute the ratios for each year: Current.

  Legal implications in terms of children and parents

Offer some thoughts on the legal implications of the no child left behind act based upon the APA ethical principles. This would include the legal implications in terms of children, parents, teachers and the school systems.

  Explain gender role stereotypes influence

Do you think which reproductive roles of males and females influences gender roles. Explain how do you think which gender role stereotypes influence sexual development of young children.

  Western industrial powers and traditional

What are some of the examples of the interaction between western industrial powers and traditional, non western societies.

  Explain the purpose of probation and diversion programs

Explain the purpose of probation and diversion programs and their effect on the correctional system. Provide an example of when these programs work and when they do not. Provide your opinion of whether or not probation and diversion programs further ..

  Health impact assessment

In your opinion do you believe that HIA is the perfect combination of the integration of epidemiology and risk assessment into a more powerful approach to understanding the causes of disease in the 21st Century?

  Global health epidemiological application methods

Based on the review of global health epidemiological application methods, apply and analyze data to international public health programs to determine stability/instability of health and wellness of Mexico.

  Explain realtionship of charles banks and republican party

Explain the realtionship between charles banks and republican party? Explain the realtionship between charles banks and Emmett scott?

  What are federal-state and local regulatory agencies

"What are federal, state, and local regulatory agencies, and what are their main roles in protecting consumers?

  Number of chromosomal combinations

As genetics expert, what can you share with them regarding the number of chromosomal combinations which are possible.

  Stream length decrease with a fall in sea level

What is the average gradient of this stream? What will it become if sea level falls 500 feet and the stream's path shortens to 1,150 miles long? Why did the stream length decrease with a fall in sea level?

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