Use the fact situation in Q5 to answer the related question that follows. Now assume that the supplier delivered supplies to Edward's company totalling $50 000.00 and that the company is overdue in its payment for the supplies.In this situation,the supplier can sue
A)Edward only.
B)the company only.
C)Edward and the company.
D)Edward,the company,and its president.
E)all of the above

Question

Quizplus · Accepted Answer

The supplier can sue the company only as it is the legal entity responsible for paying for the supplies ordered. Edward and the president of the company would not be personally liable unless they had personally guaranteed payment for the supplies.

Use the Fact Situation in Q5 to Answer the Related