Vlad,Xavier,and Ziggy carry on business in partnership as landscape gardeners.Vlad purchased a set of patio furniture on credit for his personal use from a firm where the partnership purchased most of its equipment.Vlad failed to pay for the goods,and the equipment supplier charged the purchase of the furniture to the partnership,as the goods had been delivered to the partnership's place of business.
-The role of an agent is to carry out a specific task for his or her principal with a third party such that there are no direct dealings between the principal and third party.The third party need never be told of the existence of the principal.

Question

Quizplus · Accepted Answer

The statement describes the role of a middleman or intermediary, not an agent. An agent is typically known to the third party and acts on behalf of the principal, whereas a middleman may not reveal the identity of the principal.

Vlad,Xavier,and Ziggy Carry on Business in Partnership as Landscape Gardeners