If Carol,acting as Agent for Steve,signs a Contract,she Alone Will

question 22

Multiple Choice

If Carol,acting as agent for Steve,signs a contract,she alone will be personally bound by it:

• A) if Steve's name or the fact that Carol is an agent is never mentioned and Steve does not carry out the contract.
• B) never;as an agent she is only a representative.
• C) if she decides to sue.
• D) if Steve is discovered by the third party to be the principal and the third party elects to hold him liable for performance.

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Definitions:

Effort

The amount of physical or mental energy expended towards the achievement of a task, goal, or objective.

Four-drive Theory

A motivational theory that identifies four drives motivating people: the drive to acquire, bond, learn, and defend.

Social Relationships

The connections between individuals in a society, based on kinship, interest, or roles, which determine how people interact with each other.

Caring Commitments

Organizational policies and actions that demonstrate concern and support for the welfare of employees and other stakeholders.