Question
Walt hires Jay to act as his agent in the purchase of Florida land. Walt tells Jay to reveal only that he is buying the
Jay to reveal only that he is buying the land on behalf of a third party, without telling the landâs seller who that third party is. Walt is ?
- an unethical principal.
- a disclosed principal.
- an undisclosed principal.
- a partially disclosed principal
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College Accounting
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
11th edition
978-1111528300, 1111528128, 1111528306, 978-1111528126
