Anwar was appointed to the stationery purchasing agent position during his time at Awesome. He regularly purchased stationery on Awesome Accountant’s account from Stationery Express Ltd with Awesome Accountant’s knowledge and acquiescence. Anwar’s purchasing limit was $500 per week, although he never needed to order stationery worth more than $300 at a time. After the end of his internship with Awesome Accountants, he placed a $250 stationery order with Stationery Express. Anwar picked up this stationery and took it home for his own use. Awesome Accountants has received the invoice for the stationery and does not wish to pay. 2. (a) Is there an agency relationship between Awesome Accountants and Anwar? 3. (b) Assuming there is the purchase within Anwar’s authority?
Anwar was appointed to the stationery purchasing agent position
during his time at Awesome. He regularly purchased stationery on Awesome Accountant’s account from Stationery Express Ltd with Awesome Accountant’s knowledge and acquiescence. Anwar’s purchasing limit was $500 per week, although he never needed to order stationery worth more than $300 at a time. After the end of his internship with Awesome Accountants, he placed a $250 stationery order with Stationery Express. Anwar picked up this stationery and took it home for his own use. Awesome Accountants has received the invoice for the stationery and does not wish to pay.
2. (a) Is there an agency relationship between Awesome Accountants and Anwar?
3. (b) Assuming there is the purchase within Anwar’s authority?
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
