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Which Statement Is True Regarding Whether the Law Firm Is

Question 77

Multiple Choice

Which statement is true regarding whether the law firm is liable for purchases made by Ryan?


A) The law firm is liable for the purchases because it had not provided notification to the office supply that Ryan was no longer authorized to make purchases for the firm.
B) The law firm is liable for the purchases only if Ryan was treated inequitable during the winding-up process.
C) The law firm is liable for the purchases only if Ryan cannot be found within one year of the date the purchases were made.
D) The law firm is liable for the purchases because Ryan's authority continued for ten days after his resignation.
E) The law firm is liable for the purchases because Ryan's authority continued for seven days after his resignation.

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