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