Question:
Which one of the following would fall outside the scope of implied authority ?
Which one of the following would fall outside the scope of implied authority ?
Updated On: Aug 4, 2024
- Taking loan by pledging goods of the firm.
- Submit disputes for arbitration
- Accepting Bills of Exchange on behalf of the firm
- Settle accounts with customers
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The Correct Option is B
Solution and Explanation
The correct option is (B):Submit disputes for arbitration.
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