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Which of the Following Is True of a Fully Disclosed

Question 47

Multiple Choice

Which of the following is true of a fully disclosed agency?


A) The third party does not know the identity of the principal.
B) The third party knows the name of the principal, but all transactions are done with the agent.
C) The contract is between the principal, agent, and the third party.
D) The principal is liable on the contract with a third party.

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