A Disclosed Principal Is a Principal Whose Identity Is Not

question 27

True/False

A disclosed principal is a principal whose identity is not known by the third party at the time the contract is made by the agent.

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Definitions:

Order Paper

Order Paper is a document listing the business or order of events to be discussed in parliamentary or legislative sessions.

Bearer Paper

A negotiable instrument or document that entitles the holder or bearer to rights or property stated in the document, without requiring endorsement.

Indorsement

The act of endorsing a check or bill of exchange to transfer the right to cash or deposit to someone else.

Nonmanipulated Independent Variable

An independent variable for which condition assignment is determined by a characteristic of the participant.