Author Question: An agent making a proper contract with a third person on behalf of a disclosed principal: A) has no ... (Read 49 times)

JGIBBSON

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An agent making a proper contract with a third person on behalf of a disclosed principal:
 A) has no personal liability on the contract.
 B) is liable only to the principal on the contract.
 C) is liable only to the third party on the contract.
 D) is personally liable to both the principal and the third person on the contract.

Question 2

The incentives for self-policing, disclosure, correction and prevention provides lesser penalties and sanctions:
 A)For first-time violators.
 B)For violators who came forward voluntarily.
 C)For whistleblowers who report their own companies.
 D)None of the above



Jmfn03

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Answer to Question 1

A

Answer to Question 2

B



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