A third party is bound to the principal only when he knows that the agent is acting for that principal.
Correct Answer:
Verified
Q79: Which of the following statements is correct
Q80: Which of the following is incorrect with
Q81: Apparent authority is determined by the representation
Q82: A principal whose identity is concealed from
Q83: Which of the following is incorrect with
Q85: Which of the following is correct with
Q86: An agent need not disclose the fact
Q87: A principal whose identity is concealed from
Q88: Which of the following is incorrect with
Q89: The fiduciary duty of an agent refers
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