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:

Organizational Commitment

The level of attachment and loyalty an individual has towards their organization, often influencing their willingness to remain in the organization and exert high levels of effort.

Productivity

The measure of efficiency in producing goods or services, often evaluated as the output per unit of input.

Integrative Solutions

Solutions that reconcile different needs, interests, or requirements in a way that provides mutual benefit to all involved parties.

Systematic Evaluation

An organized method for assessing the procedures, outcomes, and effectiveness of a program or system, employing specific criteria and standards.