Solved

Which of the Following Statements Is True of a Partially

Question 67

Multiple Choice

Which of the following statements is true of a partially disclosed principal?


A) It refers to a person whose identity is not known to a third party, though the third party does know that an agent represents a principal.
B) When a principal is partially disclosed, an agent does not have the authority to act.
C) When a principal is partially disclosed, an agent has the authority to act, but the principal is not liable.
D) It refers to a person whose identity is known only to a third party and an agent at the time of the agreement.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents