question : in the context of law of agency an agent will not be viable for a contract in which of the following cases
where the agent :
1: acts on his behalf but does identify he is an agent
2: fails to disclose that they are acting as agent
the other two options are not necessary
Sir my problem is that i solved this same question in kaplan exam kit's mock exam Qs # 38
everything is same in the question but in kaplan's kit the correct answer is:
2.fails to disclose that they are acting as agent
and in your mock exam that i gave here the answer is
1: acts on his behalf
now iam confused please help i have an exam of f4 ENG cbe on thrusday.
Ask the Tutor ACCA LW
law of agency
If a person enters a contract and does NOT tell the other party that he is acting as an agent, then that person will be liable (not viable, as you have written!) under that contract
Where that same person acts on his own behalf but tells the other person that he acts as an agent, he will not be liable under that contract
However! He WILL be liable to the principal who suddenly finds himself faced with a debt for a transaction about which he had no knowledge
So I believe that Kaplan is incorrect - just make doubly sure that you have correctly read and typed the question
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