Multiple Choice
If an agent is acting within his or her authority on a contract involving an undisclosed principal,which of the following is true regarding the agent's liability?
A) The law would not hold the agent liable on the agreement.
B) The law will likely hold the agent liable for the agreement.
C) The law will hold the agent liable for the agreement unless the contract the agent had with the principal impliedly or expressly provided that the agent would not be held liable in such cases.
D) The law will hold the agent liable for the agreement unless a contract for under $1,000 is involved in which case only the principal would be held liable.
E) The law will hold the agent liable for the agreement unless the contract the agent had with the principal expressly provided that the agent would not be held liable in such cases.
Correct Answer:

Verified
Correct Answer:
Verified
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