Question
Dan Martin did business as Martins Appliance. For years, he bought furniture from Independent Furniture. Martins Appliance was sold to Struthers Appliance, and Martin became
Dan Martin did business as Martin’s Appliance. For years, he bought furniture from Independent Furniture. Martin’s Appliance was sold to Struthers’ Appliance, and Martin became the manager, but Independent did not know of the ownership change. Martin ordered furniture from Independent, which was never paid for the furniture. Independent sued Martin for the amount due. He claimed that he was only an agent for Struthers and thus could not be personally liable
Explain what each party would be required to do to ratify the agency contract.
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A ratified contract must be signed by the buyer seller lend...Get Instant Access to Expert-Tailored Solutions
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The Legal Environment of Business
Authors: Roger E Meiners, Al H. Ringleb, Frances L. Edwards
11th Edition
9781133419716, 538473991, 1133419712, 978-0538473996
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