Multiple Choice
David signs a contract to purchase Orrin's property. David informs Orrin that the property is being purchased for one of his clients but refuses to tell Orrin who the client is. The principal here is _____.
A) disclosed
B) undisclosed
C) partially disclosed
D) illegal
Correct Answer:
Verified
Correct Answer:
Verified
Q29: Pascal is a buyer for Kelly Benjamin
Q30: Which of the following statements is true
Q31: Ratification may be inferred by a court
Q32: An agent can exercise his implied authority
Q33: Ratification may occur with respect to either
Q35: Apparent authority is the true authority granted
Q36: When an agent takes an unauthorized action,
Q37: Ralph and Aisha engaged Emma, a realtor,
Q38: Ratification releases the:<br>A) principal from liability.<br>B) agent
Q39: Which of the following statements is true