The partners of a small accounting firm delegate responsibilities among themselves for various duties. Davis is responsible for professional development. After reserving a banquet room and food for a seminar at which a leading tax accountant will speak, Davis learns on the eve of the seminar that the guest cannot attend. If at another time Davis arranges a Christmas party at a local restaurant for partners and their spouses, the restaurant can demand payment from Davis if the firm fails to pay the bill.

Question

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As the agent of the firm, Davis has apparent authority to enter into contracts on behalf of the firm for business-related events, including arranging events like seminars or parties. If the firm fails to pay, the restaurant can seek payment from Davis, who acted on behalf of the firm.

The Partners of a Small Accounting Firm Delegate Responsibilities Among