In a partially disclosed principal relationship,who is liable to the third party on a contract within the agent's authority?

Question

Quizplus · Accepted Answer

In a partially disclosed principal relationship, the third party knows that there is a principal involved but does not know the identity of the principal. In this case, both the principal and the agent are liable to the third party on a contract within the agent's authority. The third party can sue either the principal or the agent, or both, for any breach of contract. However, the liability of the principal is limited to the extent of their involvement in the transaction, while the agent remains personally liable for the full amount.

In a Partially Disclosed Principal Relationship,who Is Liable to the Third