What Type of Principal Exists When His or Her Identity

question 29

Multiple Choice

What type of principal exists when his or her identity is not known but the third party is aware that the agent is making an agreement on behalf of the principal?

• A) Partially disclosed principal
• B) Identified principal
• C) Disclosed principal
• D) Partially identified principal
• E) Undisclosed principal

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Definitions:

Preserving

The process of maintaining or keeping something in its original state or in good condition over time.

Restoring

The process of bringing something back to its original condition or state, often applied to antiques, artworks, ecosystems, and historical buildings.

Environmentalism

A social movement aimed at protecting the natural environment from degradation and pollution.

Preservation

The act of maintaining something in its original or existing state to prolong its life or prevent decay.