Donald authorizes Alice to purchase 200 units of a certain electronic component. Alice identifies a suitable vendor and places the order. Alice bribes the vendor to have the goods delivered. Which of the following statements is true of this scenario?
A) If Donald accepts the goods purchased by Alice, agency by ratification occurs.
B) Alice has not fulfilled her duty of accounting to Donald.
C) Duty of reimbursement and indemnification does not require Donald to reimburse the bribe paid by Alice.
D) Duty of compensation requires Donald to reimburse the bribe paid by Alice.
Correct Answer:
Verified
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