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Which of the following is a false statement? 1.The principal has a duty to compensate any agent, including a gratuitous one. 2.An agent is generally

Which of the following is a false statement?

1.The principal has a duty to compensate any agent, including a gratuitous one.

2.An agent is generally not liable on contracts made in connection with a fully disclosed agency.

3.The principal has a duty to cooperate with his or her agent.

4.A partially disclosed agency exists where the third party is aware that the party he or she is dealing with is an agent, but does not know the identity of the principal.

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