Multiple Choice
Chuck,Bob,and Bert form CB&B Partnership to run a specialty grocery store.Bert is the day-to-day manager of the store,Bob buys the groceries,and Chuck does all the administrative work.Bob decides he would like a new car to drive to visit prospective wholesalers.He makes a contract with Big Ben Motors in the name of CB&B without consulting Chuck and Bert.The partnership is:
A) bound by Bob's actual implied authority to buy a car.
B) bound by Bob's apparent authority to buy a car.
C) bound by Bob's ostensible authority to buy a car.
D) not bound because buying a car is outside the scope of the partnership business.
Correct Answer:

Verified
Correct Answer:
Verified
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