When a principal is classified as a[n] ______ principal,a third party is aware that an agent is making an agreement on behalf of a principal,and the third party also knows the identity of the principal.
A) Acknowledged
B) Permitted
C) Disclosed
D) Revealed
E) Uncovered

Question

Quizplus · Accepted Answer

When the third party is aware that the agent is making an agreement on behalf of a principal and also knows who the principal is, the principal is a disclosed principal.

When a Principal Is Classified as A[n] ______ Principal,a Third