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In: Accounting
3 ID Limited (ID) has recently been incorporated as a private limited company and carries on fashion...
3 ID Limited (ID) has recently been incorporated as a private limited company and carries on fashion business. Donald is very experienced in this field and is employed by ID as an agent to purchase fashion clothes. Recently Donald has signed a contract with E Bop Limited (E Bop) for purchase of jewelry which has not been previously authorized by the company.
Advise the legal position of ID, in particular the rights and liabilities it may have under the contract with E Bop.
Solutions
ekkarill92 answered 1 year agoRelated Solutions
3 ID Limited (ID) has recently been incorporated as a private limited company and carries on...
3 ID Limited (ID) has recently been incorporated as a private
limited company and carries on fashion business. Donald is very
experienced in this field and is employed by ID as an agent to
purchase fashion clothes. Recently Donald has signed a contract
with E Bop Limited (E Bop) for purchase of jewelry which has not
been previously authorized by the company.
Advise the legal position of ID, in particular the rights and
liabilities it may have under the contract...
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tasked with preparing a report for the company’s board of directors
clearly evaluating the available financing options.
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