Purchasing managers cannot be held personally liable for their damaging and illegal activities even if they perform them without the authority of their firm.
Correct Answer:
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Q3: Purchasing activities are concerned with the laws
Q7: Exceeding both actual and apparent authority can
Q8: The use of force or coercion to
Q18: A contract can exist only when there
Q21: In order for a firm to recover
Q22: Under the UCC,the risk of loss is
Q23: When the goods delivered by the supplier
Q24: A good rule of thumb is to
Q44: Either buyers or sellers can arbitrarily cancel
Q47: A purchase order can be an offer,
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