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Edward Is Hired to Manage Fred's Business

Question 55

Multiple Choice

Edward is hired to manage Fred's business. Which of the following is untrue regarding Edward's authority?


A) Edward has authority to sell a used cash register when he buys a new computerized checkout system for the store.
B) Edward has authority to send bills to customers and to accept payments on behalf of Fred.
C) Edward can hire employees, but he cannot fire them without Fred's consent.
D) Edward can enter into contract with wholesalers for merchandise in the store.

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