Purchasing Personnel Routinely Sign Purchase Orders and Contracts Committing the Company

Purchasing personnel routinely sign purchase orders and contracts committing the company to the specific terms and conditions of purchase orders and contracts. The purchasing official has no personal liability providing that the following requirements are met with one exception. That one exception is:

A) The name of the principal or company is shown on the document.
B) The purchasing agent has a personal liability bond.
C) The agency relation is shown on the document.
D) All parties involved know that the purchasing agent is acting on behalf of the company or principal.
E) The purchasing agent is acting within the scope of his or her authority for the transaction.