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Clark Hires Dimitri to Act as His Agent to Purchase

Question 1

Multiple Choice

Clark hires Dimitri to act as his agent to purchase Expo Sports Arena,Inc.Clark tells Dimitri to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is.Clark is


A) a disclosed principal.
B) an apparent principal.
C) an undisclosed principal.
D) a partially disclosed principal.

Correct Answer:

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