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.
Correct Answer:

Verified
Correct Answer:
Verified
Q5: Discuss the fundamental rules of contractual liability
Q6: The contractual liability of the principal may
Q7: Richard writes a letter to Sarah authorizing
Q8: In general, an undisclosed principal and the
Q9: Respondeat superior :<br>A) imposes vicarious liability on
Q11: Paul is a truck driver who owns
Q12: An agent is not normally liable on
Q13: Sam is a sales representative for the
Q14: A principal is contractually bound to a
Q15: The court in Connes v. Molalla Transport