XYZ Corp. hires Sammy Bearkat to be the manager of its new office in Huntsville. XYZ gives Sammy business cards indicating that he is office manager, and buys an advertisement in the local paper to announce that it will be opening an office with Sammy as office manager. Sammy has: Ⓒa. implied authority to lease office space b. implied authority to enter into contracts for utility service c. express authority to run the daily operations of the office d. All of the above Oe. None of the above
XYZ Corp. hires Sammy Bearkat to be the manager of its new office in Huntsville. XYZ gives Sammy business cards indicating that he is office manager, and buys an advertisement in the local paper to announce that it will be opening an office with Sammy as office manager. Sammy has: Ⓒa. implied authority to lease office space b. implied authority to enter into contracts for utility service c. express authority to run the daily operations of the office d. All of the above Oe. None of the above
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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