In which of the following situations is the agent the only liable party for the contract?Multiple ChoiceThe agent contracts with a third party through the medium of a non-negotiable instrument.The contract expressly includes the principal in the contract.The agent contracts with a third party knowing the third party would not enter into a contract with the principal if the principal's identity were disclosed.The third party contracts with the agent that does not require the agent's performance

The construction contract tells the changed order process. It provides guidelines on how to manage…

Answered: In which of the following situations is…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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In which of the following situations is the agent the only liable party for the contract?

Multiple Choice

The agent contracts with a third party through the medium of a non-negotiable instrument.
The contract expressly includes the principal in the contract.
The agent contracts with a third party knowing the third party would not enter into a contract with the principal if the principal's identity were disclosed.
The third party contracts with the agent that does not require the agent's performance

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