Which of the following conditions is not necessary for the exercise of implied authority ___________.
A. The act must relate to the business of the firm
B. The act must be done in the firm’s business name
C. The act must be done in the usual way of carrying on the firm’s business
D. The act must be done in an emergency.
Answer:D
Which of the following conditions is not necessary for the exercise of implied authority ___________.
A. The act must relate to the business of the firm B. The act must be done in the firm’s business name C. The act must be done in the usual way of carrying on the firm’s business D. The act must be done in an emergency.