The president of a corporation you are dealing with tells you that Alton has authority to sell

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The president of a corporation you are dealing with tells you that Alton has authority to sell you one of the corporation’s cars. You find out that the president was mistaken, because Alton’s employment contract says that he does not have this authority. Can you rely on the president’s statement to enforce a contract with the corporation that you negotiated with Alton?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Managing the Law The Legal Aspects of Doing Business

ISBN: 978-0133847154

5th edition

Authors: Mitchell McInnes, Ian R. Kerr, J. Anthony VanDuzer

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