Gina buys a piece of pottery from Woodward for her principal, Kelvin. If Woodward knows that Gina is buying the pottery on behalf of someone other than herself but does not know the identity of that person, Kelvin is: A. a partially disclosed principal. B. an independent contractor working for Gina. C. an agent for Woodward. D. an undisclosed principal.

Question

Social Studies

Eric Michael

23 August, 18:39

Gina buys a piece of pottery from Woodward for her principal, Kelvin. If Woodward knows that Gina is buying the pottery on behalf of someone other than herself but does not know the identity of that person, Kelvin is: A. a partially disclosed principal. B. an independent contractor working for Gina. C. an agent for Woodward. D. an undisclosed principal.

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Answers (1)

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Phoebe Guerrero · Answer 1

A. a partially disclosed principal.

Explanation:

In terms of a partially disclosed principal, the agent does not reveal about the identity of the principal. The agent reveals some information but not the complete one. In the above case, Gina discloses that she is buying the gift for some other person. This information is partially provided to Kelvin about the identity of the person. Hence, the principle here is partially disclosed to him.