Question: Able is the purchasing agent for Baker Office Supply. Ables job duties include making all purchases from wholesalers for Baker Office Supply. Able signs all

Able is the purchasing agent for Baker Office Supply. Ables job duties include making all purchases from wholesalers for Baker Office Supply. Able signs all contracts. When Baker Office Supply is unable to pay for purchases from Continental Wholesale, Continental sues Able and Baker Office Supply for the outstanding amount owed. What liability does Able have for the amount owed?

Group of answer choices

Able is liable for the entire balance, because Able signed all contracts and purchase orders.

Able is liable for half and Baker Office Supply is liable for half.

Able has no liability. Baker Office Supply is liable for the entire amount owed.

Able and Baker Office Supply are not liable.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!