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Author Question: In the case of an undisclosed principal, a third party A)can only recover from the principal. B)can ... (Read 151 times)

sarasara

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In the case of an undisclosed principal, a third party
 A)can only recover from the principal.
 B)can only recover from the agent.
 C)cannot recover at all.
 D)can recover from either the agent or the principal.

Question 2

The holder of a banker's acceptance may convert it to cash immediately at a discount rate, sell it on the discount market, or hold it until it matures, provided the buyer's account has sufficient funds to cover the transaction.
  Indicate whether the statement is true or false



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s.meritte

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Answer to Question 1

D

Answer to Question 2

FALSE




sarasara

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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