in a disclose principal situation where the third-party knows the agent is contracting for a...

90.2K

Verified Solution

Question

Finance

in a disclose principal situation where the third-party knows the agent is contracting for a principal and knows who that principal is, the principal is fully liable for all contracts the agent enters into with authority. True or false?
2- A principal ks never liable for the torts and crimes of the agent. True or false?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students