An undisclosed principal may result in which of the following?
A)Liability of the agent for any contract made on behalf of such a principal.
B)The agent's being declared incompetent by a court of law.
C)A declaration order by the court for the principal to show a guarantee.
D)All of the above.

Question

Quizplus · Accepted Answer

An undisclosed principal refers to a situation where an agent makes a contract on behalf of a principal without disclosing the identity of the principal to the other party. In such a case, the agent may be held liable for any contracts made on behalf of such a principal. Options B and C are not relevant to an undisclosed principal.

An Undisclosed Principal May Result in Which of the Following