In a partially disclosed agency relationship, both the __________ and the agent may be liable for the obligations under the contract.
A) sub-agent
B) third party
C) principal
D) All of the choices are correct

Question

Quizplus · Accepted Answer

In a partially disclosed agency relationship, the third party knows that there is an agent but does not know the identity of the principal. Therefore, both the principal and the agent may be held liable for the obligations under the contract, as the third party can hold the agent liable due to the lack of information about the principal.

In a Partially Disclosed Agency Relationship, Both the __________ and the Agent