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lQuestion [22), Company A hired Nick as an agent and gave him a letter authorizing him to make purchases on behalf of the company. In

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lQuestion [22), Company A hired Nick as an agent and gave him a letter authorizing him to make purchases on behalf of the company. In a separate email, the company explained to Nick that he could only make purchases for l or less. In other words, t was the reservation price for his negotiations. Nick proceeded to negotiate a contract with a new supplier. B, in which he purchased goods for 95,!100. Nick showed E the letter of authorityr from the company but did not mention the women limitation that the company explained in the email. Select one

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