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Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
Edition 3ISBN: 978-1305117457Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
Edition 3ISBN: 978-1305117457 Exercise 18
Which is an example of a partially disclosed agency relationship?
A) One in which the identity of the principal and agent is known to the third party
B) One in which the existence of the principal but not his or her identity is known to the third party
C) One in which the existence of an agent, but not the agent's identity is known to the third party
D) One in which neither the existence nor identity of the principal is known to the third party
A) One in which the identity of the principal and agent is known to the third party
B) One in which the existence of the principal but not his or her identity is known to the third party
C) One in which the existence of an agent, but not the agent's identity is known to the third party
D) One in which neither the existence nor identity of the principal is known to the third party
Explanation
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Verified
Option "a" is not the correct answer bec...
Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition by Marianne Jennings
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