Jock Hires Kym to Act as His Agent to Purchase

question 1

Multiple Choice

Jock hires Kym to act as his agent to purchase Lifetime Gym & Fitness,Inc.Jock tells Kym to reveal that she is buying the firm on behalf of a third party and to tell Lifetime's seller who that third party is.Jock is

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

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Definitions:

Good Actions

Behaviors or deeds that are considered morally right, beneficial, or of positive impact to others.

Obedience

The act of following orders or directions from an authority figure, often without question.

Entrapment

A gradual process in which individuals escalate their commitment to a course of action to justify their investment of time, money, or effort.

Harmful

Causing or capable of causing damage, injury, or negative effects to someone or something.