Which of the Following Is True of an Undisclosed Agency

question 27

Multiple Choice

Which of the following is true of an undisclosed agency?

• A) The third party has no knowledge of the agency.
• B) The third party knows the agent, but not the principal.
• C) All transactions with the third party are made by the principal without involving the agent.
• D) Transactions under such an agency are considered unlawful.

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Definitions:

McWorld

A term coined by Benjamin Barber to describe the globalizing of culture and commerce where national borders are less significant, leading to a homogenized, global culture.

Canadian Aid

Assistance provided by Canada to other countries, often in the form of developmental aid, humanitarian relief, or through contributions to international organizations.

Lester Pearson

A former Canadian Prime Minister known for his contributions to international peacekeeping and the implementation of significant social welfare policies in Canada.

Democracy

In a democracy, citizens exercise a high degree of control over the state. They do this mainly by choosing representatives in regular, competitive elections.