a. What is an undisclosed principal?
b. What is a partially disclosed principal?
c. What liability does an agent have to a third party when the principal is either undisclosed or partially disclosed?
d. Dale is asked to be an agent for Phil, but Phil does not wish third parties to know that Dale represents him. In light of your answer to part (c), why would Dale want to be an agent for Phil? Why would Phil wish that third parties not know his identity? Explain.

Question

a. What is an undisclosed principal? 
b. What is a partially disclosed principal? 
c. What liability does an agent have to a third party when the principal is either undisclosed or partially disclosed? 
d. Dale is asked to be an agent for Phil, but Phil does not wish third parties to know that Dale represents him. In light of your answer to part (c), why would Dale want to be an agent for Phil? Why would Phil wish that third parties not know his identity? Explain.

Quizplus · Accepted Answer

The Answer of a. What is an undisclosed principal? 
b. What is a partially disclosed principal? 
c. What liability does an agent have to a third party when the principal is either undisclosed or partially disclosed? 
d. Dale is asked to be an agent for Phil, but Phil does not wish third parties to know that Dale represents him. In light of your answer to part (c), why would Dale want to be an agent for Phil? Why would Phil wish that third parties not know his identity? Explain.

A. What Is an Undisclosed Principal