A Principal Whose Identity Is Concealed from the Third Parties

question 22

Short Answer

A principal whose identity is concealed from the third parties with whom the agent is dealing is known as ________.

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Definitions:

Common Law

A body of unwritten laws based on legal precedents established by the courts.

Early English Kings

Monarchs who ruled over England during the early historical periods, often considered up to the Norman Conquest of 1066.

Contractual Rights

Legal rights granted to parties in a contract, specifying what each is entitled to receive or obligated to perform under the agreement.

Balancing Act

The process of attempting to maintain equilibrium or optimal performance in face of conflicting interests or demands.