A Disclosed Principal Is a Principal Whose Identity Is Not

question 27

True/False

A disclosed principal is a principal whose identity is not known by the third party at the time the contract is made by the agent.

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Definitions:

Stock Market

A public market for the trading of company stocks and securities, facilitating capital growth for listed companies and investment opportunities for individuals.

Total Revenue

The total amount of income generated by the sale of goods or services before any expenses are subtracted.

COGS

Cost of Goods Sold, which refers to the direct costs attributable to the production of the goods sold by a company.