Ames, an agent for Baker Antiques, had the authority to purchase
early 20b century
American fumiture costing a maximum of $ 1,500 per piece. Ames
bought a lgth
century French desk for $3,000 from Carter. Baker was furious when
she saw the
desk, and she fired Ames. Nevertheless, she put the desk on display
in the shop with
a $5,000 price tag. When the best offer she got for the desk was
$2,500, Baker
returned the desk to Carter. Baker told Carter that Ames had exceed
his authority in
purchasing the desk, and she demanded that Carter refund the $3,000
that Ames had
paid for the desk. Will Carter have to do so? Please state your
answer with
supporting analysis.
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Ames, an agent for Baker Antiques, had the authority to purchase early 20b century American fumiture...