A scalar product in the space of oriented volumes?

Let $L\colon \mathbb{R}^n \to \mathbb{R}^N$ be an injective linear map. By the Cauchy-Binet formula, $\det(L^TL)$ equals the sum of the squares of all minors of $L$ of order $n$: this looks just like a norm. Also, the square root of this number has a geometrical interpretation as the scale factor by which $L$ maps $n$-volumes, which makes Grassmann’s exterior product come into mind.

Question If we let $\Lambda^n(\mathbb{R}^N)$ denote the vector space spanned by $n$-vectors

$$v_1\wedge \ldots \wedge v_n,\qquad v_j \in \mathbb{R}^N, $$

does there exist a scalar product $\langle ,\rangle$ on it such that
$$\det(L^TL)=\langle Le_1\wedge \ldots \wedge Le_n, Le_1\wedge \ldots \wedge Le_n\rangle ?^{(\star)}$$

If the answer is affirmative, is this scalar product geometrically related to the concept of
“oriented $n$-volume in $\mathbb{R}^N$”? And finally, is it possible to
generalize all this to an arbitrary Riemannian manifold?

Bibliographical references as answers are fine. Thank you.

(*) $e_1\ldots e_n$ denotes the standard basis of $\mathbb{R}^n$.

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