Question: It is possible that a contract may be binding on a company even if entered into by someone who has no actual authority to act

It is possible that a contract may be binding on a company even if entered into by someone who has no actual authority to act on the company's behalf.

a. True

b. False

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 Law Questions!