The Trustee in bankruptcy also learns that Homer Jones had signed a profitable contract to sell $500,000 of building supplies to Ace Contractors....

The Trustee in bankruptcy also learns that Homer Jones had signed a profitable contract to sell $500,000 of building supplies to Ace Contractors. Homer never informed his boss or the Apex Corp. Board of Directors about this contract, and he was technically authorized to sign contracts worth up to $200,000. How can Homer's lack of authority from Apex be resolved?

Reading and going through the given case and scenario where it is seen that the trustee inbankruptcy came to know that Homer Jones had signed a profitable contract to sell buildingsupplies to Ace...