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Frieda is an administrative assistant with Global Dispatch & Shipping Corporation, but has no authority to sign Global Dispatch checks. Frieda orders merchandise from Home & Office Furnishings Company delivered to her home and pays with a Global Dispatch check, signing "Global Dispatch & Shipping Corp. by Frieda, admin. assist." Home & Office does not know that Frieda has no authority to sign the check. Who is liable on the check, and why?
Economics
The social science that studies how individuals, governments, firms, and nations make choices on allocating resources to satisfy their wants and needs.
Economic Principle
A widely accepted theory or law that guides economic analysis and decision-making.
Yoga Classes
Organized sessions where individuals practice yoga, a discipline that includes breath control, meditation, and specific bodily postures for health and relaxation.
Free Membership
A scenario where individuals can join an organization or access services without having to pay any fees.
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