Question
Can an officer of a corporation validly represent and bind the corporation in a contractual obligation without authority from the Board of Directors? What is
Can an officer of a corporation validly represent and bind the corporation in a contractual obligation without authority from the Board of Directors?
What is the doctrine of apparent authority?
How was this doctrine applied in this case
Refer to the case of People's Aircargo v. Court of Appeals G.R. No. 117847
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
