Iggy hires Joy to act as his agent to purchase Kup-a-Koffee Kompany.Iggy tells Joy to reveal only that she is buying the firm on behalf of a third party,without telling Kup-a-Koffee's seller who that third party is.Iggy is
A)a disclosed principal.
B)an implied principal.
C)an undisclosed principal.
D)a partially disclosed principal.

Question

Quizplus · Accepted Answer

Iggy is a partially disclosed principal because Joy reveals that she is acting on behalf of a third party, but does not disclose Iggy's identity.

Iggy Hires Joy to Act as His Agent to Purchase