A(n)______________ Principal Is Liable for a Simple Contract Made by an Authorized

question 13

Multiple Choice

A(n) ______________ principal is liable for a simple contract made by an authorized agent.

• A) partially disclosed
• B) undisclosed
• C) both a.and b.
• D) neither a.nor b.

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Definitions:

Depression

A significant and persistent period of negative mood, accompanied by various symptoms that can affect a person's thoughts, behavior, feelings, and sense of well-being.

Foliage Tour

An activity involving traveling to view and appreciate the colorful leaves of trees and plants in the autumn.

Joint Tenants

Co-owners of property with rights of survivorship, meaning when one owner dies, the property automatically transfers to the surviving owner(s).

Sell

The act of exchanging a product or service for money or other compensation; it involves transferring ownership of an item or service from one party to another.