When a principal is classified as a ________ principal,a third party is aware that an agent is making an agreement on behalf of the principal and the third party also knows the identity of the principal.
A)virtual
B)statutory
C)disclosed
D)partially disclosed
E)quasi-

Question

Quizplus · Accepted Answer

When a third party is aware that the agent is making an agreement on behalf of a principal and the third party also knows the identity of the principal,the principal is classified as a disclosed principal.

When a Principal Is Classified as a ________ Principal,a Third