Which of the Following Is True If an Agent Has

question 24

Multiple Choice

Which of the following is true if an agent has no actual or apparent authority to act on behalf of a principal, but the agent still enters into a contract with a third party?

• A) The principal is bound only if the principal is a disclosed principal.
• B) The principal is bound only if the principal is an unidentified principal.
• C) The principal is bound only if the principal is a partially disclosed principal.
• D) The principal is bound only if the principal is a disclosed principal or a partially disclosed principal.
• E) The principal is not bound unless the principal ratifies the contract.

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Definitions:

Endodermis

The innermost layer of the plant root cortex. Endodermal cells have a waterproof Casparian strip around their radial and transverse walls that ensures that water and minerals enter the xylem only by passing through the endoderm cells.

Cortical Parenchyma

Plant tissue found in the cortex of stems and roots that is involved in storage, photosynthesis, and transport of nutrients.

Photosynthesis

A process by which green plants and certain other organisms transform light energy, usually from the sun, into chemical energy stored in glucose.

Cutin

A waxy, water-repellent substance present in the cuticle of plants, which helps reduce water loss.