If an Agent Makes a Properly Authorized Contract with a Third

question 4

True/False

If an agent makes a properly authorized contract with a third person on behalf of a disclosed principal,the agent has no personal liability on the contract.

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Definitions:

Planned Gathering

An organized event where individuals come together for a specific purpose, often involving coordination and logistics preparation.

Public Place

Any area that is open and accessible to people, such as parks, streets, public squares, and government buildings.

Uniform Commercial Code

The Uniform Commercial Code (UCC) is a comprehensive set of laws that governs all commercial transactions in the United States, intended to standardize and simplify interactions across state lines.

Sale of Services

A sale of services occurs when a transaction is made in which the seller provides a service, such as consultation or maintenance, to the buyer in exchange for payment.