A Principal Whose Identity Is Unknown to a Third Party

question 58

True/False

A principal whose identity is unknown to a third party who has no knowledge that the agent is acting in an agency capacity is legally known as an undisclosed principal.

---

Definitions:

Confidence

The conviction or assurance in depending on someone or something with absolute confidence.

Flashbulb Memories

Highly detailed and emotionally charged memories that are formed during significant or traumatic events, believed to be exceptionally vivid and durable.

Flashbulb Memories

Vivid, detailed memories of significant or emotional events, which seem to be recorded in one's memory just like a photograph.

Confidence

The feeling or belief that one can rely on someone or something; firm trust.