A principal is __________ if __________ knows or has reason to know (1) that the agent is acting for a principal and (2) the principal’s identity. implied; a third party disclosed; a third party implied; agent disclosed; agent
10.
a)
A principal is __________ if __________ knows or has reason to know (1) that the agent is acting for a principal and (2) the principal’s identity.
implied; a third party
disclosed; a third party
implied; agent
disclosed; agent
b)
Thomas Sinclair is hired as an agent of Worldwide Computer Systems, Incorporated. As part of his agency responsibilities, Tom is to wire offices for clients in Israel. Prior to his leaving, war breaks out in Israel and the United States government posts a ban on travel there. What is the likely status of Thomas Sinclair’s agency?
Multiple Choice
It is terminated by principles of equity.
It is terminated by the act of the parties.
It is terminated by operation of law.
It is terminated under international law.
( Please solve both the a and b I will Rate positive definitely . Thank you.)
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