When There Is an Undisclosed Principal, the Agent Is

question 286

Multiple Choice

When there is an undisclosed principal, the agent is:

• A) liable to the third party for the principal's nonperformance of the contract
• B) not liable to the third party for the principal's nonperformance of the contract
• C) liable to the undisclosed principal for the third party's nonperformance of the contract
• D) liable for only half of the damages incurred by the principal's nonperformance of the contract
• E) none of the other choices are correct

---

Definitions:

Geert Hofstede

A Dutch social psychologist who is known for his research on cross-cultural groups and organizations, particularly for developing cultural dimensions theory.

National Culture

The set of shared values, beliefs, customs, and practices that characterize the people of a particular country or nation.

Impatience

A tendency to be quickly irritated or provoked by delays or obstacles.

Generalized Cultural Value

Broadly accepted cultural norms and values that transcend individual societies, serving as a guide for social behavior and expectations.