Which of the Following Is True Regarding an Agent Who

question 26

Multiple Choice

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

• A) The agent 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:

Prefrontal Cortex

The region of the brain situated in the anterior portion of the frontal lobe, linked with advanced cognitive functions, the manifestation of personality, the process of making decisions, and the regulation of social conduct.

Adolescents

Individuals in the transition phase between childhood and adulthood, typically ranging from ages 13 to 19.

Genes

Basic units of heredity contained in the DNA of living organisms that act as instructions to manufacture proteins, determining physical and some behavioral traits.

Timing of Puberty

Refers to the period during which adolescents undergo physical and hormonal changes that lead to sexual maturity.