Question: Why can a third party elect to hold either the agent or the principal liable when the agent makes a contracts for an undisclosed principal?

Why can a third party elect to hold either the agent or the principal liable when the agent makes a contracts for an undisclosed principal?

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 Accounting Questions!