In Which of the Following Situations Is the Principal -

question 36

Multiple Choice

In which of the following situations is the principal - and not the agent - liable to a third party for breach of contact?

• A) signature by partially disclosed principal
• B) signature by undisclosed principal
• C) ratification by disclosed principal
• D) ratification by undisclosed principal

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Definitions:

Trend Model

A statistical model that captures the underlying trend of a dataset by considering the long-term progression of data points.

Annual Time-Series

Data collected or recorded at regular intervals over a year, used in statistical analysis and forecasting.

Exponential Smoothing

A weighted moving average technique that applies decreasing weights to older data points, used for time-series data analysis.

Recent Data

Recent Data refers to the latest or most contemporary data available in a dataset, useful for making current analyses or predictions.