Question
Which one of the following statements is TRUE? Group of answer choices: a. A disclosed principal is liable to a third party for contracts made
Which one of the following statements is TRUE?
Group of answer choices:
a. A disclosed principal is liable to a third party for contracts made by the agent acting outside the scope of his or her authority.
b. A principal whose existencebut not specific identityis known by a third party with whom an agent contracts on the principal's behalf is an implied principal.
c. A partially disclosed principal is one whose first, but not last, name is known by a third party with whom an agent contracts on the principal's behalf.
d. A principal is not liable to a third party for any contract made by the agent acting outside the scope of his or her authority.
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