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When a principal is classified as a disclosed principal, which of the following is correct? Multiple Choice A third party is totally unaware that the
When a principal is classified as a disclosed principal, which of the following is correct? Multiple Choice
A third party is totally unaware that the agent is action for a principal. A third party can sue both the principal and the agent for misrepresentation. A third party is aware that an agent is making an agreement on behalf of a principal and the third party knows the identity of the principal. A third party can elect to contract only with the agent instead of the principal. A third party must consult with the principal before agreeing to be bound by contract.
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