Multiple Choice
If a third party comes to know of an undisclosed principal's identity and obtains a judgment against the principal, which of the following is true?
A) The agent remains liable to the third party.
B) The agent remains liable to the third party unless the dispute involves an amount less than $1,000 in which case the agent is released.
C) The agent remains liable to the third party unless the dispute involves an amount less than $500 in which case the agent is released.
D) The agent is released from liability to the third party.
E) The agent is released from liability to the third party unless the principal resides in another state and has not paid the judgment within 30 days from when it was rendered.
Correct Answer:

Verified
Correct Answer:
Verified
Q18: In Larry S. Lawrence v. Bainbridge Apartments,
Q19: If an agent makes a contract with
Q20: When would an agent who breaches his
Q21: The Latin phrase _ means to "let
Q22: In the text case Mais, et al.,
Q24: Arun was leaving the country and gave
Q25: Which statement is false regarding termination of
Q26: Which country is partially influenced by classical
Q27: The text discussed the case of Dunkley
Q28: Which of the following is true regarding