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:

Continuous Schedule

A system or plan that operates or is in effect without interruption, often used in production or service delivery to ensure constant output.

Behaviour

The way in which one acts or conducts oneself, especially towards others, driven by internal or external stimuli.

Immediate Reinforcement

The provision of a reward or penalty right after a specific behavior, to increase the likelihood of that behavior occurring again.

Desirable Behaviour

Actions or conduct that are considered preferable or appropriate within a given social or organizational context.