Which of the Following Is True Regarding an Agent Who

question 45

Multiple Choice

Which of the following is true regarding an agent who is acting for an undisclosed principal?

• A) The agent with actual authority will bind both himself and the principal on most contracts.
• B) The third party will never be bound in a contract with the principal.
• C) An undisclosed principal will bind only himself and not the agent.
• D) Failure to disclose the name of the principal is a form of fraud.

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Definitions:

Resistive

In the context of technology, resistive often refers to a type of touch screen that registers input from pressure on its surface.

Network Interface Card (NIC)

An expansion card that enables a computer to connect other computers or to a cable modem to facilitate a high-speed Internet connection.

Computers

Electronic devices that can store, retrieve, and process data, and can execute a programmed list of instructions (a program).

Internet

A global system of interconnected computer networks that use the Internet protocol suite to communicate between networks and devices.