subject
Business, 02.04.2021 20:20 sabree3940

Julius, a collector and seller of Egyptian relics, hired Brutus to act as his sales agent. Julius later discovered that Brutus, along with others was embezzling his funds. Julius confronted Brutus and said "You too Brutus? Then you are fired". Anthony, a customer who had dealt with Brutus as Julius' agent before, was not aware that Brutus had been fired. Brutus came to Anthony, and claiming to be acting as Julius' agent sold Anthony an Egyptian relic, accepting full payment of $100,000 in cash and promising to deliver the relic in two weeks. Brutus then disappeared, and now Anthony is demanding that Julius honor the contract because Brutus was his agent. In this situation: A. Julius is bound on this contract because Brutus had implied authority.
B. Julius is bound on this contract because Brutus had apparent authority.
C. Julius is bound on this contract because Brutus had express authority.
D. Julius is bound on this contract because Brutus had direct authority.

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 18:00
Employers hiring for entry-level positions in hospitality and tourism expect workers to
Answers: 3
question
Business, 22.06.2019 19:10
You have just been hired as a brand manager at kelsey-white, an american multinational consumer goods company. recently the firm invested in the development of k-w vision, a series of systems and processes that allow the use of up-to-date data and advanced analytics to drive informed decision making about k-w brands. it is 2018. the system is populated with 3 years of historical data. as brand manager for k-w’s blue laundry detergent, you are tasked to lead the brand's turnaround. use the vision platform to to develop your strategy and grow blue’s market share over the next 4 years.
Answers: 2
question
Business, 23.06.2019 15:00
The following data were taken from the records of clarkson company for the fiscal year ended june 30, 2017. raw materials inventory 7/1/16 $58,100 factory insurance $4,800 raw materials inventory 6/30/17 46,600 factory machinery depreciation 17,100 finished goods inventory 7/1/16 99,700 factory utilities 29,400 finished goods inventory 6/30/17 21,900 office utilities expense 9,350 work in process inventory 7/1/16 21,200 sales revenue 560,500 work in process inventory 6/30/17 29,400 sales discounts 4,700 direct labor 147,550 plant manager’s salary 63,400 indirect labor 25,360 factory property taxes 9,910 accounts receivable 28,000 factory repairs 2,500 raw materials purchases 97,300 cash 39,200 a) prepare a cost of goods manufactured schedule (assume all raw materials used were direct materials). b) prepare an income statement through gross profit c)prepare the current assets section of the balance sheet at june 30, 2014
Answers: 2
question
Business, 23.06.2019 20:00
From 1960 to 1970, the consumer price index (cpi) increased from 29.6 to 48.2. if a dozen donuts cost $0.89 in 1960 and the price of donuts increased at the same rate as the cpi from 1960 to 1970, approximately how much did a dozen donuts cost in 1970?
Answers: 1
You know the right answer?
Julius, a collector and seller of Egyptian relics, hired Brutus to act as his sales agent. Julius la...
Questions
question
English, 24.11.2020 14:00
question
English, 24.11.2020 14:00
question
Mathematics, 24.11.2020 14:00
question
Mathematics, 24.11.2020 14:00
question
Geography, 24.11.2020 14:00
question
SAT, 24.11.2020 14:00
question
Biology, 24.11.2020 14:00
question
English, 24.11.2020 14:00
question
Chemistry, 24.11.2020 14:00
Questions on the website: 13722363