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If an Agent Neglects to Include the Principal's Name on a Contract

question 38

Short Answer

If an agent neglects to include the principal's name on a contract, only the ____________________ is bound by the contract.


Definitions:

Poverty Threshold

The lowest amount of money required to maintain a satisfactory quality of life in a specific country.

Household Size

The number of individuals living in a single domestic unit, whether related by blood, marriage, adoption, or cohabitation.

Cost of Living

Refers to the amount of money needed to cover basic expenses such as housing, food, taxes, and healthcare in a certain place and time.

Poverty Threshold

The minimum level of income deemed adequate in a particular country, determining who is classified as poor.

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