When a Principal Is Undisclosed, the Third Party Is Restricted

question 51

True/False

When a principal is undisclosed, the third party is restricted to suing the agent.

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Definitions:

Housework

Housework encompasses the variety of tasks performed to maintain and manage the household, including cleaning, cooking, and laundry.

Expenditure

The total amount of money spent by individuals, firms, or the government on goods and services.

Macroeconomics

The branch of economics that studies the behavior and performance of an economy as a whole, focusing on aggregate phenomena such as inflation, national income, and unemployment.

Intermediate Goods

Products used in the production process of final goods but not part of the final product.