In General,an Undisclosed Principal and the Third Party to a Contract

question 34

True/False

In general,an undisclosed principal and the third party to a contract are contractually bound if the agent acts within the scope of his actual authority in making the contract.

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Definitions:

Beriberi

A nutritional disorder caused by a deficiency of thiamine (vitamin B1), affecting the nervous system, cardiovascular system, and muscular system.

Thiamine

A water-soluble B-vitamin (B1) that is essential for the metabolic breakdown of glucose and the functioning of the nervous system.

Vitamin K

A fat-soluble vitamin essential for the synthesis of proteins involved in blood coagulation and bone metabolism.

Alcoholics

Individuals who suffer from alcoholism, a chronic disease characterized by uncontrollable drinking and a preoccupation with alcohol.