Multiple Choice
Which of the following is the way an agent should sign a contract in order to bind the principal and not the agent?
A) When the agent is known to be an agent, he or she should sign only his or her name.
B) The agent should sign only his or her name whether known to be an agent or not.
C) The agent should sign only with his or her initials.
D) The agent should sign his or her name "as agent for principal".
Correct Answer:

Verified
Correct Answer:
Verified
Q3: Which of the following best describes an
Q4: Which of the following best describes a
Q5: Agents have a duty to keep
Q6: When there is a contract of agency,
Q7: Jones acted as Blake's agent for 12
Q9: When an agency agreement does not state
Q10: A principal may ratify an unauthorized contract
Q11: A principal ordinarily does not have liability
Q12: Which of the following is a duty
Q13: An agent does not incur liability for