If a Principal Is Disclosed, the Agent May Be Liable

question 55

True/False

If a principal is disclosed, the agent may be liable to a third party for the principal's nonperformance of a contract.

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Definitions:

Remedies

Legal means for enforcing a right or redressing a wrong, including monetary damages, injunctions, and specific performance.

Downtown Office Supply

A business specializing in providing office supplies and equipment, typically located in a city's downtown area.

Property Rights

Legal rights related to the ownership, use, and disposal of property.

Death

The cessation of all biological functions that sustain a living organism.