In an Undisclosed Principal Situation in Which the Agent Does

question 63

Multiple Choice

In an undisclosed principal situation in which the agent does not have the authority to enter into a contract for real property and does so:

• A)only the principal is liable on the contract.
• B)the third party can elect to hold the principal or agent liable.
• C)only the agent is liable on the contract.
• D)none of the above

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Definitions:

Online Benefits Programs

Digital platforms that allow employees to manage and access their employment benefits.

Self-Service Freedom

The extent to which customers can freely serve themselves, typically in a retail or service context, utilizing technologies or systems designed to facilitate self-help rather than relying on staff assistance.

Health Care Costs

The expenses associated with medical care, including hospital stays, physician services, prescription drugs, and health procedures.

Aging Population

A demographic trend characterized by an increase in the median age of a population due to declining fertility rates and rising life expectancy.