When the agent informs the third party that he or she is acting on behalf of another, and makes the third party aware of the identity of the principal, the principal is known as a furtive principal.

Question

Quizplus · Accepted Answer

A furtive principal is one that is not disclosed to the third party by the agent. When the agent informs the third party of the principal's identity, it is known as an disclosed or known principal.

When the Agent Informs the Third Party That He or She