Can he have the contract repudiated and send the copier back

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Reference no: EM133843952

Assignment:

Larry and Reggie are the sole partners of a partnership carrying on a law practice. The partnership agreement states that any expenditure greater than $1,000 must be approved by both partners. Larry is much more involved in the operational side of the firm, and he oversees the purchasing of office supplies and equipment. The firm's staff have been complaining about the sorry state of the office photocopier, so Larry agrees to the purchase of a new state-of-the-art photocopier for $2,500. When Reggie learns of the expense, he is livid. Can he have the contract repudiated and send the copier back?

Reference no: EM133843952

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