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:

Repeat-Purchase Behavior

The act of customers repeatedly buying the same brand or product, often influenced by satisfaction, loyalty, or habit.

Consumer Communications

The process and methods used by companies and organizations to convey information to and engage with current and potential consumers.

Manufacturer Rebate

is a promotion where the manufacturer returns a portion of the purchase price to the customer after the purchase.

Return Policy

A set of rules established by a company outlining how customers can return or exchange unwanted or defective merchandise they've purchased.