Solved

The Principal May Hold the Third Party to a Contract

Question 318

Multiple Choice

The principal may hold the third party to a contract, in an undisclosed principal situation, except when the:


A) undisclosed principal is expressly excluded as a party to the contract between the agent and the third party
B) agent's performance is personal to the contract
C) contract, when a negotiable instrument, does not include the identity of the principal or existence of the agency relationship
D) undisclosed principal is expressly excluded as a party to the contract between the agent and the third party or the agent's performance is personal to the contract
E) undisclosed principal is expressly excluded as a party to the contract between the agent and the third party or the agent's performance is personal to the contract or the undisclosed principal is expressly excluded as a party to the contract between the agent and the third party or the agent's performance is personal to the contract

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents