A Principal Is ________ If a Third Party Knows or Has

question 45

Multiple Choice

A principal is ________ if a third party knows or has a reason to know that the agent is acting for a principal and the principal's identity.

• A)formalized
• B)nonexistent
• C)disclosed
• D)undisclosed

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Definitions:

Social Security

A government program that provides monetary assistance to people with inadequate or no income, particularly the elderly, disabled, and families with children.

Companionate

Describes relationships or feelings characterized by deep affection and friendship rather than passionate love.

Supportive Grandparents

Older adults who provide emotional, informational, and sometimes financial support to their grandchildren.

Authority Figures

Persons or entities that hold power or control within various structures, including families, schools, workplaces, and governments, often respected or obeyed by others.