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Which of the following is an INCORRECT statement regarding a fully disclosed agency? A . A fully disclosed principal is liable on a contract with
Which of the following is an INCORRECT statement regarding a fully disclosed agency?
A A fully disclosed principal is liable on a contract with the third party.
B In a fully disclosed agency, the agent's signature must clearly indicate that he or she is acting as an agent for a specifically identifie
C In a fully disclosed agency, the agent is not liable on the contract with the third party.
D In a fully disclosed agency, the contract is between the agent and the third party.
E In a fully disclosed agency, the third party typically relied on the principal's credit and reputation when the contract was made.
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