Luis Hires Mieko to Act as His Agent to Buy

question 39

Multiple Choice

Luis hires Mieko to act as his agent to buy Ngoc's Southeast Asian Café. Luis tells Mieko to reveal only that she is buying the restaurant on behalf of a third party, without telling Ngoc's seller who that third party is. Luis is

• A) a disclosed principal.
• B) not a principal.
• C) an undisclosed principal.
• D) a partially disclosed principal.

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Definitions:

Employee Engagement

The emotional commitment an employee has to their organization and its goals, resulting in the use of discretionary effort in their work.

Psychological Capital

A concept in positive organizational behavior characterized by an individual's positive psychological state of development, evidenced by self-efficacy, optimism, hope, and resilience.

Positive Psychological State

A mental condition characterized by the presence of positive emotions, such as happiness and fulfillment, and the absence of negative emotions.

Workers

Individuals engaged in physical or mental activity aimed at producing goods or providing services.