80.2K

Verified Solution

Link Copied!

O 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: O a. bound by Bob's ostensible authority to buy a car. b. bound by Bob's apparent authority to buy a car. c. not bound because buying a car is outside the scope of the partnership business. d. bound by Bob's actual implied authority to buy a car.

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, Bea Motors in the name of CB\&B without consulting Chuck and Bert. The partnership is: a. bound by Bob's ostensible authority to buy a car. b. bound by Rob's apparent authority to buy a ear. c. not bound because buying a car is outside the scope of the partnership business. d. bound by Bob's actual implied authority to buy a car

Answer & Explanation Solved by verified expert

See Answer