Multiple Choice
A principal is ________ if a third party knows or has a reason to know that the agent is acting for a principal and the principal's identity.
A) formalized
B) nonexistent
C) disclosed
D) undisclosed
Correct Answer:
Verified
Correct Answer:
Verified
Q40: Exculpatory clauses that try to relieve a
Q41: Express authority is created by:<br>A)words.<br>B)actions.<br>C)past dealings.<br>D)body language.
Q42: The state of Indiana hires the Reliable
Q43: Why is estoppel different from apparent authority?<br>A)Because
Q44: The principal's ratification of a contract can
Q46: Phillips hires Addis,who had sixteen prior convictions
Q47: Lee,a landlord,hires Shomo,a repairman,to fix a broken
Q48: Why is it impossible for there to
Q49: An agent is not liable for making
Q50: A principal is liable for the misrepresentations