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Explain for Each of the Following Statements, Whether the Agent

Question 48

Essay

Explain for each of the following statements, whether the agent has liability to the third party?
a. The agent enters into a contract on behalf of its principal with a third party. Unknown to the agent its principal had died two months previously.
b. The agent acts on behalf of an undisclosed principal. The agent acting on behalf of the principal enters into a contract with the third party. The contract is made in the agent's name and the circumstances surrounding the contract show the agent categorically described himself as a principal throughout the negotiations.
c. The agent enters into a contract with the third party but neither represents himself as a principal or an agent.
d. The agent enters into a contact with the third party. Prior to entering the contract the agent advised the third party that he was acting on behalf of a principal who did not wish to disclose its name at the present time.

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The agent is liable to the third party i...

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