Can a company become liable under a corporate contract even when they did not authorise the transaction? Explain with reference to ostensible/apparent authority. Make reference to relevant tests and authorities. 

 

Explain the concept of statutory assumptions. Make reference to relevant rules and authorities.

Answer rating: 100% (QA)

Under certain circumstances a company can become liable under a corporate contract even if they did not explicitly authorize the transaction This can ... View the full answer