A Principal Whose Identity Is Concealed from the Third Parties

question 58

True/False

A principal whose identity is concealed from the third parties with whom the agent is dealing is known s an undisclosed principal.

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Definitions:

Familiar Faces

Recognition of and preference for faces that one has been exposed to previously or frequently.

Recognize

The ability to identify or acknowledge someone or something as previously known or familiar, based on memory or prior exposure.

Halo Effect

A tendency to assume that people with one positive attribute (e.g., who are physically attractive) also have other positive traits.

Social Perceivers'

Individuals involved in the process of interpreting others' behaviors, motives, and intentions within social contexts.