When a Principal Is Classified as a Disclosed Principal, Which

question 62

Multiple Choice

When a principal is classified as a disclosed principal, which of the following is true?

• A) The third party is totally unaware that the agent is action for a principal.
• B) A third party can sue both the principal and the agent for misrepresentation.
• C) A third party is aware that an agent is making an agreement on behalf of a principal, and the third party also knows the identity of the principal.
• D) A third party can choose to contract only with the agent instead of the principal.
• E) A third party must consult with the principal before agreeing to be bound in any contract.

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