If Marge, a Vice President, Made a Contract on Behalf

question 72

True/False

If Marge, a vice president, made a contract on behalf of Barker Corporation, she is liable if she negligently exceeded her authority.

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Definitions:

Legal Column

A section in a publication or media outlet dedicated to discussing legal matters, advice, or news.

Ferry Service

A ferry service is a transportation service using boats or ships to carry passengers, vehicles, or goods across a body of water, typically operating over a scheduled route.

Home Ownership Policy

Policies or programs designed to encourage or facilitate the process of individuals owning their homes.

Navigation Limits

Restrictions or boundaries set for the areas in which a vessel is allowed to travel.