A(n) ____Is Liable to a Third Party for a Contract

question 218

Multiple Choice

A(n) ____is liable to a third party for a contract made by an agent who had actual authority to act on behalf of the principal.

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

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Definitions:

Professionally Representing

The act of advocating for or promoting an organization, product, or service in a manner that reflects positively on the professional image and standards of the entity being represented.

Sales Program

A planned set of sales activities or strategies designed to increase product sales or market share.

Learn Faster

Techniques or methods aimed at increasing the speed at which one acquires knowledge or skills.

Not Synonymous

The term "not synonymous" indicates that two or more terms or phrases do not have the same meaning or connotation.