Multiple Choice
Which of the following is true with regard to contractual relations between the principal and a third party?
A) There is no liability on the part of the principal if the agent acts with implied authority.
B) An undisclosed principal and the third party are contractually bound if the agent acts within her actual authority,unless the contract specifies otherwise.
C) Under the Second Restatement,no principal is bound if the agent acts without any authority.
D) A partially disclosed principal is bound only if the agent acts within the scope of actual authority.
Correct Answer:

Verified
Correct Answer:
Verified
Q54: Roger is the promoter of a new
Q55: A subagent owes a fiduciary duty to
Q56: Unless otherwise agreed,an agent making a contract
Q57: If Sierra orally requests her agent Scott
Q58: Apparent authority can arise where there is
Q60: An agent for an unidentified principal is
Q61: A principal is contractually bound to a
Q62: Jack was fired by Larry but decided
Q63: Apparent authority is actual authority.
Q64: The liability of an employer under the