Undisclosed agent: Difference between revisions

Undisclosed agent (view source)

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 A charlatan, basically. The kind of knave who tells you, ''after'' having concluded a transaction with you, that he is in fact acting as [[agent]] for someone else, in doing so trying to claim he is not himself [[principal|principally]] liable for the legal consequences of what he has done.
-Don't believe a word of it. An [[agent]] who doesn’t tell you he’s an [[agent]] is a [[principal]].
+Don’t believe a word of it. An [[agent]] who doesn’t tell you he’s an [[agent]] is a [[principal]].
 If you want authority for that statement, take yourself back to your very first contract law lecture, the one which outlined the essential ingredients of a bargain: [[offer]], [[acceptance]] and [[consideration]]. The terms offered and accepted bind. If the “[[agent]]” made no mention of his “agency”, it is not a term of the contract, and he is yours, fully liable as principal, to throw into the snarling teeth of the common law of contract.
 ===[[Undisclosed principal]]===
-This should be contrasted with the fellow who tells you in good time he's an [[agent]], all right, but just not for ''whom''. More about that fellow can be found [[undisclosed principal|here]]. (in short, though, he too is ''effectively'' liable as  principal (even if technically still an agent) until he's told you who his client is).
+This should be contrasted with the fellow who tells you in good time he’s an [[agent]], all right, but just not for ''whom''. More about that fellow can be found [[undisclosed principal|here]]. (in short, though, he too is ''effectively'' liable as  principal (even if technically still an agent) until he’s told you who his client is).
 {{seealsoagent}}