This topic contains a solution. Click here to go to the answer

Author Question: When there is an undisclosed principal, the agent is: a. liable to the third party for the ... (Read 131 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
When there is an undisclosed principal, the agent is:
 a. liable to the third party for the principal's nonperformance of the contract
  b. not liable to the third party for the principal's nonperformance of the contract
  c. liable to the undisclosed principal for the third party's nonperformance of the contract
  d. liable for only half of the damages incurred by the principal's nonperformance of the contract e. none of the other choices are correct

Question 2

Ashley needs to endorse a check that had been endorsed by two other individuals prior to Ashley's receipt of the check. Ashley does not want to have surety liability, so Ashley endorses the check without recourse.. Under the Negotiable Instruments Article of the UCC, which of the following types of endorsement did Ashley make?
 a. Blank
  b. Special
  c. Qualified
  d. Restrictive



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kusterl

  • Sr. Member
  • ****
  • Posts: 315
Answer to Question 1

a

Answer to Question 2

.C




Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 24, 2018
Gracias!


bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

The average human gut is home to perhaps 500 to 1,000 different species of bacteria.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

About one in five American adults and teenagers have had a genital herpes infection—and most of them don't know it. People with genital herpes have at least twice the risk of becoming infected with HIV if exposed to it than those people who do not have genital herpes.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

For a complete list of videos, visit our video library