Robert is a wealthy businessman who wishes to purchase a particular property. Realizing that the price might become inflated if his name is made known, he asks Faye to negotiate the purchase of the property on his behalf. Faye is the general manager of Robert's east coast operations. Faye reports directly to Robert and is supervised in all respects. Faye is told to tell Philip, the property owner, that she represents someone, but she's told not to specify who she works for. The agency would be described as:

Question

Quizplus · Accepted Answer

A partially disclosed agency exists when the third party knows of the agency but not the specific identity of the principal.

Robert Is a Wealthy Businessman Who Wishes to Purchase a Particular