When an Agent Negotiates a Contract on Behalf of the Principal,the

question 31

Multiple Choice

When an agent negotiates a contract on behalf of the principal,the liability of the principal will depend on if:

• A) the agent was motivated by the principal's best interests
• B) the agency arrangement was fully disclosed
• C) the agency arrangement was express or implied
• D) the agent was authorized to enter into this particular transaction
• E) the agency arrangement was agreed to in writing