In the situation where Clark tells Dion to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is, Clark is A. A disclosed principal
In the field of business, when a person or business has hired an agent that is taking actions in representation for the person, business or principal is a disclosed principal.
In the scenario mentioned in the question, as Cark is the principal who has hired an agent, hence Calrk is the disclosed principal.
The party's identity is represented through an agent in a disclosed principal. In the situation above, anything related to Clark's business such as buying a firm will be discussed by agent Dion.
Although a part of your question is missing, you might be referring to this question:
Clark hires Dimitri to act as his agent to purchase Expo Sports Arena, Inc. Clark tells Dimitri to reveal that he is buying the firm and its assets on behalf of a third party and to tell the seller who that third party is. Clark is
A. A disclosed principal
B. An apparent principal
C. An undisclosed principal
D. A partially disclosed principal
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