Kurt and Ellen are partners in the operation of a store. Without consulting Kurt, Ellen enters into

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Kurt and Ellen are partners in the operation of a store. Without consulting Kurt, Ellen enters into a contract for the purchase of merchandise for resale by the store. Kurt contends that he did not authorize the order and refuses to take delivery. The vendor sues the partners for the contract price of the merchandise. Will the partnership have to pay? Why?

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Financial Accounting

ISBN: 9780256091939

5th Edition

Authors: Kermit D. Larson, Paul B. W. Miller

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