True/False
A third party is bound to the principal only when he knows that the agent is acting for that principal.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q55: When the object of the agency relationship
Q56: Which of the following is the proper
Q57: Partners are vicariously liable for the wrongful
Q58: Apparent authority is the authority the agent
Q59: Societies are separate legal entities, separate and
Q61: Explain how the principle of estoppel can
Q62: Which one of the following statements is
Q63: Discuss the principle of ratification. In your
Q64: Limited liability can be the most significant
Q65: A principal whose identity is concealed from