Where a Third Party Contracts with an Undisclosed Principal Via

question 27

Multiple Choice

Where a third party contracts with an undisclosed principal via an agent, the principal will still be able to enforce the contract with the third party unless:

• A)The agent did not have authority to act for the principal or the agent told the third party that they were acting on their own behalf.
• B)The agent did not act in good faith.
• C)The third party chooses not to proceed with the contract.
• D)The terms of the contract are unfair to the third party.

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Definitions:

Production Standards

Quantitative indicators set by companies to measure the quality and rate of output over a specific period.

Strike

A work stoppage caused by the mass refusal of employees to work, typically to protest against terms of employment or working conditions.

Picket Lines

A boundary established by workers on strike, especially at the entrance to the place of work, meant to show unity and to discourage others from entering the premises.

Unfair Labor Practices

Actions by employers or unions that violate the rights of employees or union members, as defined by labor laws and regulations.