Abram, Bob and Cathy are in a partnership trading as retailers for stationery products. In...
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Abram, Bob and Cathy are in a partnership trading as retailers for stationery products. In terms of their partnership agreement only Abram has the right to represent the partnership. For the past two years Bob has regularly entertained clients at Dick's Restaurant, and the corporation has never hesitated to settle the account. On his fortieth birthday Bob treats his friends to a lavish dinner at Dick's Restaurant and charges the bill to the corporation's account. Abram and Cathy are furious, but Bob does not have the money to settle the account personally. Can Dick's Restaurant hold the partnership liable? Discuss in full. [9]
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