Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Which of the following is true in situations in which a principal was undisclosed and the third party comes to know of the undisclosed principal's
Which of the following is true in situations in which a principal was undisclosed and the third party comes to know of the undisclosed principal's identity but proceeds to obtain a judgment against the agent? The principal is liable to the third party, but only if the agent does not pay. O The principal is released from liability to the third party. O The principal is liable to the third party anyway. The principal is released from liability unless a contract for personal service was involved. O The principal is liable to the third party, but only if the agent files for bankruptcy
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started