Defendant Robert Martin gave his American Express credit card to McBride, a business associate, for use in a joint venture. McBride retuned the card to Martin and then disappeared. Martin claimed that he had orally authorized McBride to charge up to $500, but McBride charged about $5300. Is Martin liable for $50 or $5300? Explain.

Question

Defendant Robert Martin gave his American Express credit card to McBride, a business associate, for use in a joint venture. McBride retuned the card to Martin and then disappeared. Martin  claimed that he had orally authorized McBride to charge up to $500, but McBride charged about $5300. Is Martin liable for $50 or $5300? Explain.​

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The Answer of Defendant Robert Martin gave his American Express credit card to McBride, a business associate, for use in a joint venture. McBride retuned the card to Martin and then disappeared. Martin  claimed that he had orally authorized McBride to charge up to $500, but McBride charged about $5300. Is Martin liable for $50 or $5300? Explain.​

Defendant Robert Martin Gave His American Express Credit Card to McBride