Multiple Choice
Until yesterday,when X Co.fired Henry,Henry was employed as a purchasing representative,and over the time,he worked for X Co.,Henry compiled an extensive list of X Co.'s customers.Henry,who is extremely angry over being fired,decides to get back at X Co.,so he contacts X Co.'s largest supplier and on behalf of X Co.enters into a contract for the purchase by X Co.of 1 million dollars worth of goods that X Co.really has no need for.In this situation
A) there is a contract between the supplier and X Co.
B) not having notified its customers,X Co.is estopped from arguing that there is no contract.
C) X Co.had a duty to notify its suppliers that Henry had been fired.
D) not having notified its customers,X Co.held out Henry as having the authority to make the contract.
E) all of the above
Correct Answer:

Verified
Correct Answer:
Verified
Q9: Why is it important that a company
Q10: John,while acting as Henry's sales agent,negligently drives
Q11: How may the transaction known as consignment
Q12: In circumstances where the agency relationship has
Q13: Jonathan is a used car enthusiast.He enters
Q15: An agency agreement may be express or
Q16: Identify which duty of agent to principal,if
Q17: A entered into an agency agreement with
Q18: William has acted as agent for his
Q19: James was an ordinary salesman for Bulldog