What are the advantages and disadvantages of HTTP?

Only when the connection is established, the handshaking process will take place in HTTP. Hence, there will be no handshaking procedure following a request. This significantly reduces latency in the connection. 5. Accessibility

What are the advantages and disadvantages of going public?

Becoming an IPO is an expensive and time-consuming endeavor—the benefits to going public can be numerous but so can the drawbacks, especially for smaller businesses.

What are the advantages and disadvantages of an IPO?

IPOs often generate publicity by making their products known to a wider potential swath of customers, but taking a company public is a huge risk. Smaller businesses may find it difficult to afford the time and money it takes to become an IPO. Privately held companies have more autonomy than public ones.

What does it mean to have an undisclosed agency?

Undisclosed Agency. It means that the third party can only make either the principal or the agent liable and not both of them together. A third party can decide whether to make the principal or the agent responsible only after discovery of the principal and opportunity to make an intelligent choice.

What are the rights of an undisclosed principal?

“ the plain truth ought never to be forgotten-that the whole law as to the rights and liabilities of an undisclosed principal is inconsistent with the elementary doctrines of the law of contract. The right of one person to sue another on a contract not really made

Can a principal be liable for an undisclosed agency?

However, if there is no proof of an actual agency relationship, there can be no reliance on the doctrine of undisclosed principals. Whereas, the principal is not liable where the contract provides that an undisclosed principal is not a party to it.

When does an undisclosed agent become a party to a transaction?

An undisclosed principal becomes a party to a transaction only if it is proved that the agent intended to act upon his/her account[iv]. If an agent acts in his/her own name without disclosing the principal will not preclude liability of the principal.