If a third party knows of the agency and knows the identity of the principal, the agent cannot be held ______________ as long as the agent acts within the scope of his or her actual authority.
A) personally liable
B) in contempt of court
C) without bail
D) against his or her will.
Correct Answer:
Verified
Q22: An agent must keep accurate accounts of
Q23: If a person acts as an agent
Q24: If the third party does not know
Q25: A principal may not revoke an agency
Q26: The main difference between principal-agent and employer-employee
Q28: An agent is liable for losses to
Q29: The authority that has actually been given
Q30: Whereas an agency agreement brings about a
Q31: If an agent commits any torts or
Q32: A principal must reimburse an agent for
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents