If a Third Party Learns That an Agent Was Acting

question 56

Multiple Choice

If a third party learns that an agent was acting for an undisclosed principal, the third party has the right to:

• A)Enforce the contract against the principal and the agent jointly.
• B)Enforce the contract against the principal only.
• C)Enforce the contract against the agent only.
• D)Enforce the contract against either the principal or the agent but not both.

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Definitions:

Equality

The condition of having the same status, rights, and chances.

Equity

The principle of fairness and justice in the allocation of resources or treatment of individuals, often considering historical and social inequalities.

Publicly Funded Health Care

A health care system financed by taxes collected by the government to provide health services to all citizens free or at a minimal cost at the point of service.

Equity

Fairness and justice in the way people are treated, achieved by recognizing and addressing differing needs and circumstances.