Limiting the Liability of a Principal for Agents’ Contracts with Third Parties

Limiting the Liability of a Principal for Agents’ Contracts with Third Parties

As a regional manager of First Last Bank of New York, you are concerned with loan officers making
unauthorized loans. Draft a set of policies and procedures for First Last Bank that will limit the ability of the
Bank’s agents to approve large loans on behalf of the bank. In addition, draft a memo to loan officers
explaining the rationale behind the policy’s main provisions. Together, the policy and accompanying memo should be two documents
FOR YOUR ASSIGNMENTS TO BE DONE AT A CHEAPER PRICE PLACE THIS ORDER OR A SIMILAR ORDER WITH US NOW