Under Section 230, in the absence of a contract to the contrary, an agent who contracts on behalf of his principal:
AIs liable jointly with the principal
BIs personally liable on the contract
CMust guarantee the principal's performance
DCan neither personally enforce nor be personally bound by the contract
Answer & Solution
Correct answer: D. Can neither personally enforce nor be personally bound by the contract
Section 230 provides that, absent a contrary contract, an agent neither personally enforces nor is personally bound by contracts made for the principal.
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