Brian takes Shelly into Bob's Retail Lawn Shop. Brian runs his own grass seed business, and his
Question:
Brian takes Shelly into Bob's Retail Lawn Shop. Brian runs his own grass seed business, and his company buys product from Shelly's company and sells the product to Bob. After Brian, Shelly and Bob have an intense discussion over types and pricing for grass seed, Bob agrees to enhance his business with Brian's company. After Shelly walks away, Bob says to Brian "Wow, she is really knowledgeable about the product line", to which Brain replies "I wish I had three more assistants just like Shelly." If Bob takes steps to place an order with Shelly from Brian's company based on the belief that Shelly is Brian's agent:
Bob would be mistaken and cannot rely on Shelly as Brian's assistant or agent.
Brian would be estopped from preventing Bob from giving Shelly an order on behalf of Brian's company because Brian held Shelly out to Bob as his (Brian's) agent.
Shelly has not signed an agency contract with Brian, therefore, there are no legal implications of agency law here.
All of the above
None of the above
Accounting for Decision Making and Control
ISBN: 978-1259564550
9th edition
Authors: Jerold Zimmerman