Which of the following agents can be held personally liable to third parties for contracts negotiated on behalf of an undisclosed principal?

Question

Quizplus · Accepted Answer

Secret agents are agents who are acting on behalf of an undisclosed principal and do not disclose the principal's identity to the third party. In such cases, the secret agent can be held personally liable to third parties for contracts negotiated on behalf of an undisclosed principal. General agents have authority to act on behalf of the principal and are disclosed to the third party, so they cannot be held personally liable for contracts negotiated on behalf of the principal. Special agents are appointed for a specific purpose or transaction and do not have the authority to bind the principal, so they also cannot be held personally liable. Implied agents are not explicitly appointed by the principal, but their authority is implied by the conduct of the parties, so whether they can be held personally liable depends on the specific circumstances.

Which of the Following Agents Can Be Held Personally Liable