If a Principal Is Disclosed, the Agent May Be Liable

question 55

True/False

If a principal is disclosed, the agent may be liable to a third party for the principal's nonperformance of a contract.

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Definitions:

Employer

An individual or organization that hires and pays people to perform specific jobs.

Moral Compass

An individual's internal ethical guideline that helps them determine right from wrong actions and decisions.

Critical Thinkers

Individuals who actively engage in objective analysis and evaluation of an issue in order to form a judgment.

With Respect

A phrase used to indicate that something is being said or done showing politeness, honor, or admiration towards another.