Question: QUESTION 3 5 An agent is liable to third parties for contracts entered on behalf of a / an A . Disclosed principal B .

QUESTION 35
An agent is liable to third parties for contracts entered on behalf of a/an
A. Disclosed principal
B. Undisclosed principal
C. Unidentified principal
D. B and C
QUESTION 35 An agent is liable to third parties for contracts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Q:

Jon-Jan Restaurants purchased green rice, a special variety of rice, from China for 100,000 renminbi on November 1, 20X8. Payment is due on January 30, 20X9. On November 1, 20X8, the company also...

Q:

QUESTION 4 0 An agent is liable to third parties for contracts entered on behalf of a / an _ _ _ _ _ . A . Disclosed principal B . Undisclosed principal C . Unidentified principal D . B and C

Q:

QUESTION 8 An agent is liable to third parties for contracts entered on behalf of a / an q , A . Disclosed principal B . Undisclosed principal C . Unidentified principal D . B and C

Q:

What is required to form an agency relationship? The agent must have contractual capacity. The principal must pay the agent. The agent and principal must agree to enter the relationship. The agency...

Q:

What is required to form an agency relationship? The agent must have contractual capacity. The principal must pay the agent. The agent and principal must agree to enter the relationship. The agency...

Q:

1. 2. Benny Buyer employs Ronald Realtor to assist him in the purchase of a home. Ronald is a licensed real estate salesperson who serves a variety of clients. One day, Benny nds a property that he...

Q:

The principal is liable to third parties for contracts entered by the agent on behalf of the principal. True False

Q:

The principal is liable to third parties for contracts entered by the agent on behalf of the principal. True False

Q:

How does a principal become liable to third parties on contracts? A principal is not liable to third parties on contracts. The agent ratifies the contract. The principal s agent has the authority to...

Q:

Question 1 3 . 3 3 Points Arlene agrees to serve as an agent for Kalvin, selling timeshares for Kalvin s vacation rental properties. There is nothing in the agency agreement between Arlene and Kalvin...

Q:

Question 1 3 . 3 3 Points Arlene agrees to serve as an agent for Kalvin, selling timeshares for Kalvin s vacation rental properties. There is nothing in the agency agreement between Arlene and Kalvin...

Q:

Calculating Interest Rates Assume the total cost of a college education will be $280,000 when your child enters college in 18y. You presently have $50,000 to invest. What annual rate of interest must...

Q:

What type of security was dominant in the early years of computing?

Q:

OK, are you ready for a test drive? Look at the information for the VW Jetta below and decide whether the lease is preferable to financing and purchasing. To get the interest rate, add 1 percent to...

Q:

plz slove this question and show all the steps, thx What would be the real cost of borrowing in the following case? A home equity loan is advertised at three percent compounded monthly, however,...