An __________ agent who enters into a contract with a third party binds the principal because the third party may legally enforce the contract against the principal.
A) offeree
B) offeror
C) agreed
D) authorized
Correct Answer:
Verified
Q12: Most C-level executives are referred to as
Q13: As agents, they may under certain circumstances
Q14: Brian hired Craig to negotiate a deal
Q15: Principals often create agency relationships to give
Q16: An agent's power to bind a principal
Q18: When the third party entering into the
Q19: In a fully disclosed agency relationship, only
Q20: If the third party knows that the
Q21: In a partially disclosed agency relationship, both
Q22: When a third party is completely unaware
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