Multiple Choice
An agent may be personally liable to third parties on a contract if
A) the agent assumes liability.
B) the agent signs a negotiable instrument in his or her own name and issued by the third party on the instrument.
C) the agent acts for an undisclosed principal.
D) all of these.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: Express authority must be in writing to
Q3: Even if he or she neglects to
Q4: The principal usually lists in writing all
Q5: If the agent does not tell third
Q6: If a third party learns the identity
Q7: A principal is liable to third parties
Q8: A principal may be held liable to
Q9: A power of attorney is an example
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Q11: An agent's implied authority is set out