Powell Falsely Tells Dunagan That She Is a Member of the Partnership

question 54

True/False

Powell falsely tells Dunagan that she is a member of the partnership of Morgan and Stiles. Dunagan mentions this information to Trammell, who in reliance sells equipment on credit to Morgan and Stiles. Trammell can hold Powell liable for the misrepresentation.

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Definitions:

Global Economy

The interconnected system of economic activities, markets, and trade operations that span across the world, influencing local and international economies.

Geographical Era

A period in history defined by significant geographic exploration, changes, or the prevailing geographical understanding of the time.

Raw Materials

Natural resources or substances used in the primary production or manufacturing of goods.

Post-Fordism

An economic and social system that emerged in the late 20th century, characterized by more flexible production methods, workforce strategies, and a shift from mass production to customized goods.