An Agent Making a Proper Contract with a Third Person

question 28

Multiple Choice

An agent making a proper contract with a third person on behalf of a disclosed principal:

• A) has no personal liability on the contract.
• B) is liable only to the principal on the contract.
• C) is liable only to the third party on the contract.
• D) is personally liable to both the principal and the third person on the contract.

Recognize the effects of repetition and exposure on attitudes and preferences.

Understand the primacy effect and its influence on preference and decision-making.

Identify factors that influence persuadability and the effectiveness of messages.

Grasp the concept of the need for cognition and its impact on critical and analytical thinking.

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Definitions:

Production Department

The production department is the segment of a business that is responsible for manufacturing its products or delivering its services.