Asked by
Kabir Oberoi
on Nov 28, 2024
Verified
Velma is a purchasing agent for Wild-Caught Fish Inc., with the authority to buy the catches of commercial fishers up to a certain quantity. When the limit is reached, the agency relationship terminates
A) automatically.
B) following notice to all fishers within a reasonable geographic area.
C) following notice to all fishers with whom Velma did business.
D) following published notice.
Purchasing Agent
A person tasked with acquiring goods or services for their organization or client.
- Understand the conditions precipitating the conclusion of agency relationships and their subsequent consequences.
Verified Answer
PD
Learning Objectives
- Understand the conditions precipitating the conclusion of agency relationships and their subsequent consequences.