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Marco was a furniture buyer for Macy's department stores. Marco was authorized to enter into contracts worth up to $50,000. Marco entered into a contract
Marco was a furniture buyer for Macy's department stores. Marco was authorized to enter into contracts worth up to $50,000. Marco entered into a contract with Frank's Furniture to purchase $100,000 worth of dining room furniture. If Macy's refuses to honor the contract and Frank's Furniture sues, Group of answer choices Macy's will win, as Marco exceeded his authorized limit. Macy's will win since it never ratified the contract. Frank's Furniture will win, as Marco had implied and/or apparent authority. Frank's Furniture will win, as Marco had express authority
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