Which of the following is an exception to the rule that an agent will NOT be personally liable under a contract entered into with a third party?

Question

Quizplus · Accepted Answer

All of the options listed are exceptions to the general rule that an agent is not personally liable on contracts entered into on behalf of a principal. In each scenario, the agent may be held personally liable: A) if they sign a contract in their own name, B) if they act without the authority they claim to have, and C) if they do not disclose their agency status to the third party.

Which of the Following Is an Exception to the Rule