Fact Pattern Ulani Indicates That She Is Acting as an Agent on an Agent

question 14

Multiple Choice

Fact Pattern
Ulani indicates that she is acting as an agent on behalf of an unnamed client-Thoroughbred Stallions,LLC-when she enters into a contract with Shana.
-Refer to Fact Pattern 20-1A.Liability to Shana for nonperformance of the contract may be imposed on

• A)neither Ulani nor Thoroughbred Stallions.
• B)Ulani and Thoroughbred Stallions.
• C)Ulani only.
• D)Thoroughbred Stallions only.

---

Definitions:

Appreciation Expressed

Recognition or expression of gratitude toward someone or something, often shown for contributions or achievements.

Annual Milestones

Significant goals or benchmarks that are aimed to be achieved within a one-year period.

Quarterly Milestones

Specific, significant achievements in a project planned to be reached every three months.

Tangible Rewards

Physical or material rewards given as recognition for an individual's accomplishments or desirable behavior.