Multiple Choice
A large and well-known corporation wants to acquire a plot of ground for a new plant.To avoid the extra cost,purchases the land through several agents,each purporting to be buying personally.In such cases,the corporation is a(n) ______.
A) undisclosed principal
B) disclosed principal
C) partially disclosed principal
D) subagent
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Generally,notice to the agent is notice to
Q12: When an agent commits a tort or
Q13: An agent does not possess the implied
Q14: Which of the following statements is true
Q15: Liability is imposed on an agent who
Q17: Which of the following statements is true
Q18: When the principal is negligent in the
Q19: The principal is bound by representations:<br>A)that are
Q20: An agent who commits a criminal act
Q21: Which of the following statements is true