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I\'m having trouble wrapping my head around this question. I want to select Opti

ID: 329862 • Letter: I

Question

I'm having trouble wrapping my head around this question. I want to select Options: B, C and E but I'm unsure if there would be another and/or if the options I have selected are correct? Thank you in advance.

Select ALL of the scenarios under which BOTH the Principal and Agent are liable.

a. Disclosed principal and agent with authority b. Undisclosed principal and agent without authority c. Partially disclosed principal and agent without authority d. Undisclosed principal and agent with authority e. Disclosed principal and agent without authority f. Partially disclosed principal and agent with authority

Explanation / Answer

d. Undisclosed principal and agent with authority is the scenario under which both the principal and agent are liable, As undisclosed principal is law under which both the agent and principal are held liable for their actions.

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