Question: In Law What is the most likely consequence when an agent contracts on behalf of an undisclosed principal? The principal will not be liable for

In Law What is the most likely consequence when an agent contracts on behalf of an undisclosed principal?
The principal will not be liable for the contract.
The principal is only liable if he ratifies the contract.
The agent may incur liability if the third party does not know that he or she is an agent and the agent pretends to be the principal.
The agent will only be liable on the contract if the undisclosed principal is a close relative of the agent.

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