$5$

$2$ points

Fred worked for Mike in Mike's printer shop. Fred generally purchased the printing supplies for the shop from a wholesaler once a month. Mike fired Fred for insubordination

on July $1,$ but did not notify the wholesaler. If Fred purchases printing supplies from the wholesaler for the shop on July $10,$ is Mike bound on the contract?

A$.$ No$,$ because Fred lacked express authority to contract for Mike.

B$.$ No$,$ because Fred lacked implied authority to contract for Mike.

C$.$ No$,$ because Fred lacked apparent authority to contract for Mike.

D$.$ Yes, under the doctrine of apparent authority.