Which of the Following Best Describes a Partially Disclosed Agency

question 64

Multiple Choice

Which of the following best describes a partially disclosed agency?

• A)an agent with multiple principals who do not know each other's identities
• B)a transaction in which the third party does not know the identity of the agent
• C)a transaction in which the third party knows the agent, not the principal
• D)an agent who discloses only the name of his or her principal in a transaction

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Definitions:

Compensating Expatriate Managers

The process of determining and providing adequate financial and non-financial benefits to managers who are temporarily assigned to work in foreign countries.

Financially

Pertaining to finance or finances, often used to describe actions or conditions relating to the management, investment, or allocation of money and assets.

Temporary Foreign Workers

Individuals from other countries who have been granted permission to work in a host country for a limited period of time, often to fill labor shortages.

Agriculture

The practice of cultivating the land, producing crops, and raising livestock for human consumption and use.