About this document
BA Finance vs. CA by Christine is a document available to read on EtoBox.
The document discusses a case where a credit administrator from BA Finance Corporation provided a letter guaranteeing a loan from Traders Royal Bank without authorization. The Supreme Court ruled the administrator did not have power to issue guarantees based on the evidence. BA Finance Corporation argued it should not be liable as the administrator exceeded his authority. The court agreed, finding no evidence the corporation was aware of or ratified the transaction.
- Author
- Christine
- Language
- EN