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Sam, the Accountant of XYZ Bhd, often acted as the Acting Manager of the company while the Managing Director and other senior staff were absent.
Sam, the Accountant of XYZ Bhd, often acted as the Acting Manager of the company
while the Managing Director and other senior staff were absent. His normal duties when
in such a position involved overseeing internal company matters and ensuring that his
own Accounting Department operated well. While acting as Acting Manager, Sam
purchased land at auction from TP on behalf of the company for RM 1 million. Advise
XYZ Bhd whether it may withdraw from the contract on the ground that Sam acted
outside his authority. Discuss
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