Iggy Hires Joy to Act as His Agent to Purchase

question 10

Multiple Choice

Iggy hires Joy to act as his agent to purchase Kup-a-Koffee Kompany.Iggy tells Joy to reveal only that she is buying the firm on behalf of a third party,without telling Kup-a-Koffee's seller who that third party is.Iggy is

• A)a disclosed principal.
• B)an implied principal.
• C)an undisclosed principal.
• D)a partially disclosed principal.

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Definitions:

Big Five

A model of personality that outlines five broad dimensions of human personality: openness, conscientiousness, extraversion, agreeableness, and neuroticism.

Kindness

The quality of being friendly, generous, and considerate.

Agreeableness

A personality trait that reflects a person's tendency to be compassionate, cooperative, and friendly.

Eating Disorder

Psychological disorders characterized by abnormal or disturbed eating habits, such as anorexia nervosa, bulimia nervosa, and binge-eating disorder.