Question

Linus hires Mieko to act as his agent to purchase Ngoc’s Southeast Asian Buffet. Linus tells Mieko to reveal only that she is buying the restaurant on behalf of a third party, without telling Ngoc’s seller who that third party is. Linus is​

Answer 1

Answer:

The correct answer is d) A partially disclosed principal.

Explanation:

Generally, the directors of the companies hire agents who act on their behalf, this agent can be an employee of the company or outside of it, a disadvantage of the agent is that he may have responsibilities for the actions of the director.

There are different types of director among them is the principal partially revealed, it is known in this way when whoever makes a purchase knows of the existence of this principal and that the agent is working on his behalf but does not know the identity of the principal.

For example, in the case of Linus, it is the partially disclosed principal that hires an agent (Mieko) to purchase the buffet, in this case, Mieko can reveal that he is acting under the orders of a third party, but cannot reveal the identity of Luis.

I hope this information can help you.