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Which of the following is true?

b) Cannot through ratification be bound on contracts made by an agent.

c) Can be bound on contracts made by an agent even if the principal's identity is not disclosed to the third party.

d) Cannot through ratification be bound on contracts made by an agent, but a principal can be bound on contracts made by an
agent even if the principal's identity is not disclosed to the third party.

Sagot :

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Answer:

c)

Explanation:

Can be bound on contracts made by an agent even if the principal's identity is not disclosed to the third party.

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The statement from the "following" that is true is "Can be bound on contracts made by an agent even if the principal's identity is not disclosed to the third party."Option C. This is further explained below.

What is a third party?

Generally, A third party is simply a Human or organization that is engaged in a transaction but is not one of the principals and hence has a less vested interest in it.

In conclusion, contracts require a third party present.

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