True/False
A principal whose existence-but not specific identity-is known by a third party with whom an agent contracts on the principal's behalf is an implied principal.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q3: Jen, an agent for Kip, enters into
Q3: Brenda is a purchasing agent for Commodities
Q4: An undisclosed principal is liable to a
Q6: A principal whose identity is known by
Q7: A principal is not liable for an
Q9: Bud approves on behalf of Cody-but without
Q10: Iggy hires Joy to act as his
Q10: A principal is not liable to a
Q18: Security Armored Car Corporation employs Theo as
Q34: Oberon is a salesperson for Precision Instruments,Inc.He