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

Verified
Correct Answer:
Verified
Related Questions
Q22: A principal whose identity is concealed from
Q61: Explain how the principle of estoppel can
Q79: Utmost good faith is another term for
Q119: What is the effect of a partnership
Q122: Joe sold Harry his barber shop for
Q123: What is limited liability?
Q129: Ted Anderson and Arnie Lee began working
Q149: A chauffeur, going against specific instructions, purchases
Q151: Explain how a person's status as a
Q159: Explain under what circumstances a partnership can