Question: There is only one situation where an agent is absolved of liability when signing a contract on behalf of his / her principal. That situation
There is only one situation where an agent is absolved of liability when signing a contract on behalf of hisher principal. That situation is:
When the identity of the agent is partially disclosed.
When the principalagent relationship is partially disclosed.
When the identity of the principal is not disclosed.
When the identity of both the principal and agent and the nature of the agency relationship is fully isclosed to all parties.
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
