Under the Third Restatement, an Agent Representing an Undisclosed Principal

question 82

Multiple Choice

Under the Third Restatement, an agent representing an undisclosed principal is discharged from liability if the third party:

• A) He is never discharged from liability.
• B) gets a judgment against the agent.
• C) becomes aware of the principal.
• D) gets a satisfied judgment against the principal.

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Definitions:

Cognitive Dissonance

The psychological unease felt when an individual simultaneously possesses conflicting beliefs, ideas, or values.

Festinger

Festinger was a social psychologist known for cognitive dissonance theory, which explains the discomfort one feels when holding conflicting beliefs, attitudes, or values.

Attraction

A force that draws individuals together, leading to friendships, romantic relationships, or other forms of social interactions.

Altruistic Acts

Behaviors driven by a selfless concern for the well-being of others, without expectation of reward or benefit.