Which of the following statements is true of a partially disclosed principal?
A) It refers to a person whose identity is not known to a third party, though the third party does know that an agent represents a principal.
B) When a principal is partially disclosed, an agent does not have the authority to act.
C) When a principal is partially disclosed, an agent has the authority to act, but the principal is not liable.
D) It refers to a person whose identity is known only to a third party and an agent at the time of the agreement.
A
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The Transport Union in Austin, Texas, enters into a contract with the Metropolitan Transportation Authority. The contract requires the government agency to pay a yearly bonus to union members. A year after signing the contract, the Metropolitan Transportation Authority refuses to pay the annual bonus, which triggers a conflict between the union and the agency. A third party intervenes to resolve the conflict between the two parties. The third party evaluates the arguments of both sides and proposes a solution. Both parties have the right to decline the proposal, but they decide to accept it. In the context of the alternatives to work stoppage, the third party in this scenario is an example of a(n)
A. fact finder. B. arbitrator. C. moderator. D. rights enforcer. E. stakeholder.
Research indicates that about 40 percent of dissatisfied customers file complaints
Indicate whether the statement is true or false
When products differ in batch size and complexity, they usually consume different amounts of ________.
Fill in the blank(s) with the appropriate word(s).
A unilateral contract is a court-imposed agreement to prevent the unjust enrichment of one party when the parties have not previously agreed to an enforceable contract
Indicate whether the statement is true or false