If Carol,acting as agent for Steve,signs a contract,she alone will be personally bound by it:
A) if Steve's name or the fact that Carol is an agent is never mentioned and Steve does not carry out the contract.
B) never;as an agent she is only a representative.
C) if she decides to sue.
D) if Steve is discovered by the third party to be the principal and the third party elects to hold him liable for performance.

Question

Quizplus · Accepted Answer

When an agent signs a contract without disclosing the principal's identity or the fact of agency, the agent can be held personally liable if the principal does not fulfill the contract.

If Carol,acting as Agent for Steve,signs a Contract,she Alone Will