An agent making a proper contract with a third person on behalf of a disclosed principal:
A) has no personal liability on the contract

B) is liable only to the principal on the contract.
C) is liable only to the third party on the contract.
D) is personally liable to both the principal and the third person on the contract.


A

Business

You might also like to view...

In the context of competitor analysis, which of the following formulas is used by a business to calculate the performance gap?

A) Business Performance ? Competitor Performance B) Business Performance - Total Production and Marketing Costs C) (Market-Based Performance - Operating Performance)/ Average Competitor Performance D) Potential Business Performance - Actual Business Performance E) Business's Relative Performance - Average Performance of Top Three Competitors

Business

When preparing a sales presentation to a prospect with a thinker personality, a salesperson should pay attention to all of the points, EXCEPT?

A. Prospect will probably desire an option that meets all of their criteria. B. Prospect will probably desire a discussion that helps facilitate a decision. C. Prospect will probably desire to understand the details. D. Prospect will probably desire being presented with many precise options. E. Prospect will probably desire an organized, detailed discussion and presentation.

Business

A spreadsheet can help organize the information needed to prepare a statement of cash flows.

Answer the following statement true (T) or false (F)

Business

In perfect capital markets there

A) are no income taxes. B) are no flotation costs. C) is no informational content assigned to a particular dividend policy. D) all of the above

Business