AccountingQueen

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  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,
    Feb-1999 - Mar-2006

  • MBA.Graduate Psychology,PHD in HRM
    Strayer,Phoniex,University of California
    Feb-1999 - Mar-2006

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Category > Business & Finance Posted 12 Sep 2017 My Price 5.00

Thai Bistro, a restaurant in Houston

Sebastiano was the manager of Thai Bistro, a restaurant in Houston, Texas, specializing in Southeast Asian foods. Sebastian opened a bank account in Thai Bistro’s name, signing the account signature card as “owner.” Sebastiano’s friend Sandy, who was often at Thai Bistro and had free access to its office, told others that she was “an owner” and “a part­ner.” She also opened a bank account in Thai Bistro’s name, and signed the account signature card as “owner.” Sebastiano told Vijay, the owner of Wong Noodles, Inc., that Sally was a member of a partnership that owned Thai Bistro. On this basis, Wong Noodles delivered its goods to Thai Bistro on credit. In fact, Thai Bistro was owned by a Texas corporation. When the unpaid account totaled more than $20,000, Wong Noodles filed a suit in Harris County, Texas, against Sally to collect. On what basis, if any, might Sally be liable for the debt? 

Answers

(3)
Status NEW Posted 12 Sep 2017 01:09 PM My Price 5.00

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