Multiple Choice
Which of the following is true regarding an agent who is acting for an undisclosed principal?
A) The agent with actual authority will bind both himself and the principal on most contracts.
B) The third party will never be bound in a contract with the principal.
C) An undisclosed principal will bind only himself and not the agent.
D) Failure to disclose the name of the principal is a form of fraud.
Correct Answer:
Verified
Correct Answer:
Verified
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