An Agent May Agree to Become Liable on a Contract

question 70

Multiple Choice

An agent may agree to become liable on a contract between a principal and a third party in all but which of the following ways?

• A) Making the contract in the agent's own name.
• B) Co-making the contract with the principal.
• C) Disclosing the principal's name and the agency relationship.
• D) Guaranteeing that the principal will perform the contract between the third party and the principal.

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Definitions:

Continuous Pattern

A persistent and unbroken sequence or occurrence of something.

Short-term Memory

A cognitive function that temporarily stores and manages information required for immediate tasks and activities.

Anterograde Amnesia

A condition where a person loses the ability to form new memories after the event that caused the amnesia, leaving the capacity for recalling events prior to the event intact.

Retrograde Amnesia

A type of amnesia where an individual loses pre-existing memories to a certain event, but does not affect new memories.