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.

Grasp the concept and processes involved in business process reengineering and its significance in improving organizational efficiency.

Identify the role of ethical codes and the importance of ethical responsibility in professional accounting and business practices.

Recognize the differences between service firms, merchandising firms, and manufacturing firms in terms of revenue generation and operations.

Understand the essentials of planning within an organization, including identifying alternatives and selecting optimal solutions.

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Definitions:

Virtual Brand Community

Virtual Brand Community is an online group of individuals with shared interests in a particular brand, where members interact and exchange information, reinforcing brand loyalty and engagement.

Consumer-Generated

Content or data created by customers or end-users, typically referring to reviews, feedback, or online discussions about products or services.

Marketing Influence

The effect that marketing activities have on consumers' purchasing decisions and behavior.

Interactive Mediums

Platforms or channels that allow for two-way communication between users, typically involving digital technology.