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INTERNAL PROTOTYPE — NOT LEGAL ADVICE — DO NOT SEND

Sheridan v. Desmond, 45 Conn. App. 686 (1997)

Citation
Sheridan v. Desmond, 45 Conn. App. 686 (1997)
Parent Document
Sheridan v. Desmond, 45 Conn. App. 686 (1997)
Jurisdiction
Connecticut (state)
Effective Date
1997-07-15

Other Sections in This Document (39)

Full Text

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*696Generally, authority to manage a business includes authority “[1] to make contracts which are incidental to such business, are usually made in it, or are reasonably necessary in conducting it; [2] to procure equipment and supplies and to make repairs reasonably necessary for the proper conduct of the business; [3] to employ, supervise, or discharge employees as the course of business may reasonably require; [4] to sell or otherwise dispose of goods or other things in accordance with the purposes for which the business is operated; [5] to receive payment of sums due the principal and to pay debts from the principal arising out of the business enterprise; and [6] to direct the ordinary operations of the business.” 1 Restatement (Second), supra, § 73.