A Disclosed Principal Is Liable to a Third Party for a Contract

question 13

True/False

A disclosed principal is liable to a third party for a contract made by the agent acting within the scope of his or her authority.​

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Definitions:

Cash Receipts

The money received by a business during a given period, including revenues from sales, services, and other receipts.

Raw Material B

Basic materials used in the production process to manufacture goods, referred to here as "Material B."