Marie, owner of the Consumer Goods Company, employs Rachel as an administrative assistant. In Maries absence, and
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Marie, owner of the Consumer Goods Company, employs Rachel as an administrative assistant. In Marie’s absence, and without authority, Rachel represents herself as Marie and signs a promissory note in Marie’s name. Under what circumstance is Marie liable on the note?
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Marie would be liable on the note only if she ratifie...View the full answer
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Related Book For
Business Law Text and Exercises
ISBN: 978-1305509603
8th edition
Authors: Roger LeRoy Miller, William E. Hollowell
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