Multiple Choice
When the third party entering into the contract is aware of the principal's identity and knows that the agent is acting on behalf of the principal in the transaction, then the agency relationship is a/an __________ agency.
A) partially disclosed
B) fully disclosed
C) undisclosed
D) None of the choices are correct.
Correct Answer:
Verified
Correct Answer:
Verified
Q10: As agents, they may under certain circumstances
Q11: A principal may face _ liability for
Q12: In Riley v. Standard Oil Co. of
Q13: Principals often create agency relationships to give
Q14: In an undisclosed agency relationship, the _
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