MI Bar Practice Questions - Michigan Bar Examination Exam

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An agent acts within the scope of actual authority and enters a contract on behalf of a disclosed principal. Who is bound by the contract?

The agent personally, never the principal Both the principal and agent jointly, always Neither the principal nor the agent The disclosed principal, who is bound to the third party; the agent generally is not personally liable

Correct Answer:

The disclosed principal, who is bound to the third party; the agent generally is not personally liable

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