A(n) ____ Is One Whose Identity Is Known by the Third

question 224

Multiple Choice

A(n) ____ is one whose identity is known by the third party at the time a contract is entered into with an agent.

• A) undisclosed principal
• B) disclosed principal
• C) specific principal
• D) legitimate principal
• E) clear principal

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Definitions:

Credibility

The quality of being trusted and believed in.

Business Report

A formal document that provides information, analysis, and recommendations to assist in business decision-making.

Previews

A brief overview or summary of a document, presentation, or piece of media to give the audience an idea of what to expect.

Executive Summaries

Concise overviews at the beginning of documents that summarize the most important points or findings for quick understanding by readers.