Which of the following is true of a fully disclosed agency?
A) The third party does not know the identity of the principal.
B) The third party knows the name of the principal, but all transactions are done with the agent.
C) The contract is between the principal, agent, and the third party.
D) The principal is liable on the contract with a third party.
Correct Answer:
Verified
Q42: In a fully disclosed agency, the contract
Q43: Which of the following best describes a
Q44: The agent is liable for any intentional
Q45: Battery committed by an agent in the
Q46: The agent is not liable on the
Q48: Based on the doctrine of respondeat superior,
Q49: Principals are liable for negligence caused by
Q50: Which of the following is true of
Q51: The principal is not liable for an
Q52: An agent is liable for the tortious
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