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Which of the Following Is True Regarding an Agent's Liability

Question 64

Multiple Choice

Which of the following is true regarding an agent's liability when a third party obtains a judgment against a previously undisclosed principal?


A) The agent is freed from liability to the third party.
B) The agent remains liable to the third party.
C) The agent is freed from liability to the third party unless the principal refuses to pay.
D) The agent is freed from liability to the third party unless the principal files for bankruptcy.
E) The agent is freed from liability to the third party unless a contract for personal service was involved.

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