Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Ahmed hired Shlomo to act as his sales agent in his jewelry store. Ahmed authorized Shlomo actual express authority to sell items of jewelry up

Ahmed hired Shlomo to act as his sales agent in his jewelry store. Ahmed authorized Shlomo actual express authority to sell items of jewelry up to $1,000 without checking with him; however, if the price was over $1,000, Shlomo was to check with Ahmed before making a sale. One day, a customer wanted to buy a necklace for $1,500 and Shlomo sold it to her without first checking with Ahmed. When Ahmed learned of this, he was upset because the price was a mistake; it should have been marked at $3,000. Ahmed wants the customer to return the necklace. Is the customer required to return the necklace in this case?
Group of answer choices
Yes, because Shlomo did not have implied authority to sell that item.
No, because Shlomo did have apparent authority to sell that item.
No, because Shlomo did have implied authority to sell that item.
Yes, because Shlomo did not have express authority to sell that item.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Decision Support And Business Intelligence Systems

Authors: David King, Ting Peng Liang

9th Edition

013610729X, 9780136107293

More Books

Students also viewed these General Management questions