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

Author Question: John is an agent for Peabody. John tells Wanda (a third party) of Peabody's existence, but not its ... (Read 153 times)

Mollykgkg

  • Hero Member
  • *****
  • Posts: 529
John is an agent for Peabody. John tells Wanda (a third party) of Peabody's existence, but not its identity, therefore John is an agent for a(n) ______ principal. If John signs a contract with Wanda on behalf of Peabody, John is ______ on the contract.
 A) undisclosed, personally liable.
 B) partially disclosed, not personally liable.
 C) partially disclosed, personally liable.
 D) undisclosed, not personally liable.

Question 2

When is a lender to a company liable for the clean-up of the debtor's property for toxic spills?
 A)When the lender participates in the managerial and operational affairs of the debtor
 B)When the lender provides financial advice or counseling to the debtor
 C)When the lender forecloses on the property
 D)When the lender leases the property after taking it back from the debtor



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

joechoochoy

  • Sr. Member
  • ****
  • Posts: 306
Answer to Question 1

C

Answer to Question 2

A




Mollykgkg

  • Member
  • Posts: 529
Reply 2 on: Jun 24, 2018
Excellent


gcook

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Side effects from substance abuse include nausea, dehydration, reduced productivitiy, and dependence. Though these effects usually worsen over time, the constant need for the substance often overcomes rational thinking.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

For a complete list of videos, visit our video library