f the third party is aware of the principal's existence but not his or her identity, the principal is classified as a(n) Blank______.Multiple choice question.ratified principalprincipal by estoppeldisclosed principalunidentified principal

What type of principal is known by the third party when an agreement is made with an agent?Multiple choice question.An attorney-in-factAn apparent principalA ratified principalA disclosed principal

An agency by ratification is made when a third party reasonably believes that the "agent" is acting on behalf of the principal and that the principal accepts the acts of the agent. Additionally, the principal must know all the material facts regarding the contract and the principal must: Blank______.Multiple choice question.announce to the third party that the agency relationship existsratify at least part of the agent's actratify the entirety of the agent's actbe present when the terms of the contract are formalized in writing

With an undisclosed principal, who is liable to a third party?Multiple choice question.Neither the principal nor the agentThe incidental beneficiaryThe agentThe principal

Regarding an apparent agency, if the principal attempts to deny that an agency relationship existed, the third party must demonstrate that he or she: Blank______.Multiple choice question.acted as if the relationship was an express agencywas expressly informed by the principal that the agency relationship existedreasonably believed, on the basis of the principal's conduct, that the agency relationship existedwas involved in previous litigation in which the judge and/or jury had determined that an agency relationship existed

A third party who could not establish that the contract was made with an intent to benefit her is considered to be a(n) _____ beneficiary.Multiple choice question.creditordoneeincidentalintended