True/False
In a fully disclosed agency relationship, only the principal is contractually obligated to the third party for authorized acts of the agent.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q16: One of the reasons agency is such
Q17: If the third party knows that the
Q18: Agents with authority over other agents are
Q19: Agents under all circumstances create liability to
Q20: A principal may face joint-and-several liability for
Q22: Agents who report to other agents are
Q23: In a partially undisclosed agency relationship, the
Q24: Brian hired Craig to negotiate a deal
Q25: Novation occurs when the principal affirms a
Q26: Clyde has been hired to deliver a