Under the Second Restatement,which of the Following Is Correct with Regard

question 38

Multiple Choice

Under the Second Restatement,which of the following is correct with regard to a contract entered into with a third person by an agent of an undisclosed principal?

• A) The agent has no liability to the third person if the agent has acted within the scope of her authority.
• B) The agent is personally liable upon the contract unless the third person discovers the existence and identity of the principal and elects to hold the principal to the contract.
• C) Once the third person learns of the existence and identity of the principal,that third person may hold both the principal and the agent to the performance of the contract.
• D) If the third party obtains a judgment against the principal,the agent may still have liability to that third party.

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Definitions:

Reinstatement

The process of restoring someone or something to their former position, status, or condition, often used in contexts such as employment or insurance policies.

Civil Rights Act

A significant law in the United States that prohibits discrimination on the basis of race, color, religion, gender, or national origin.

Americans With Disabilities Act

A civil rights law enacted in 1990 in the United States that prohibits discrimination based on disability.

Hearing Impaired

A term used to describe individuals who have partial or total inability to hear.