When is a principal liable for torts committed by an agent? How can a principal reduce his
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 53% (15 reviews)
As a general rule an agent is personally liable for any torts that she commits The principal is liable for any tort ...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Canadian Business & the Law
ISBN: 978-0176501624
4th edition
Authors: Dorothy DuPlessis, Shannnon o'Byrne, Steven Enman, Sally Gunz
Question Posted:
Students also viewed these Business Law questions
-
1. Why do we care whether an agent is a servant or an independent contractor? 2. You said generally not liable for the torts of an independent contractor. When is a principal liable for these torts?
-
When is a principal liable for the agents actions with respect to third parties? When is the agent liable?
-
Holabird & Root hired the Chicago law firm Sabo & Zahn to bring a collection action against a local real estate developer, Horwitz Matthews, Inc. (HM). Sabo won a $150,000 Judgment against HM on...
-
Calculate the new profit sharing ratio after the admission of Fischer. Assignment Ubisoft Entertainment is a partnership of exclusive game distributors who specialize in electronic arts and play...
-
Hipster Corrector guarantees its snowmobiles for three years. Company experience indicates that warranty costs will be approximately 3% of sales. Assume that the Hipster dealer in Colorado Springs...
-
A constant pressure piston/cylinder assembly contains 0.2 kg water as saturated vapor at 400 kPa. It is now cooled so the water occupies half the original volume. Find the heat transfer in the...
-
Use technology to find the regression line to predict $Y$ from $X$. $X$ 2 4 6 8 10 12 $Y$ 50 58 55 61 69 68
-
1. Would you characterize television programming decisions as structured or unstructured? Explain. What type of decision-making condition would you consider this to be? Explain. 2. What criteria did...
-
Telework is a work arrangement that allows federal employees to work from home instead of in a traditional office. This arrangement offers many advantages, and employees who participate in telework...
-
Given is a CPM project network diagram as shown below. Activit y day Start Start 0 A 5 A B B 9 a) The Project Completion time = Blank 1 days. C 4 C D b) The Earliest Start time, ES, of Activity G =...
-
Describe how an agent can be liable to the principal.
-
Is a contract formed by an electronic agent binding on a principal? Explain.
-
An object has a total energy of 5.0 1015 J and a kinetic energy of 2.0 1015 J. What is the magnitude of the object's relativistic momentum?
-
What is mental accounting? Set out the model including the different types of mental accounts and how people use them differently in their everyday financial decision-making.
-
Describe the contingency framework for strategic sports marketing. Why is the contingency approach especially useful to sports marketers?
-
What are the three distinct types of sports consumers? What are the different types of spectators? How are sports participants categorized?
-
Compare and contrast the Internet sites of three professional sports teams. Which site has the strongest marketing orientation? Why?
-
Attend a high school, college, and professional sporting event and comment on the marketing orientation of the event at each level of competition.
-
V is a nonzero finite-dimensional vector space, and the vectors listed belong to V. Justify each answer. (T/F) If p 2 and dim V = p, then every set of p - 1 nonzero vectors is linearly independent.
-
Dr. Chan obtained a $15,000 demand loan at prime plus 1.5% on September 13 from the Bank of Montreal to purchase a new dental X-ray machine. Fixed payments of $700 will be deducted from the dentists...
-
Mary Jane Boerner began smoking in 1945 at the age of fifteen. For a short time, she smoked Lucky Strikes (a brand of cigarettes) before switching to the Pall Mall brand, which she smoked until she...
-
Videotape is recorded magnetically. The magnetic particles that constitute the recorded image are bound to the tapes polyester base. The binder that holds the particles to the base breaks down over...
-
Bret DAuguste was an experienced skier when he rented equipment to ski at Hunter Mountain Ski Bowl, Inc., owned by Shanty Hollow Corp., in New York. The adjustable retention/release value for the...
-
Starlight.com Starlight.com manufactures bottled wine for retail chains. John Tsang, the controller, believes that the company's standard-costing system is ineffective. An independent consultant...
-
use http://www.principlesofeconometrics.com/stata/beer.dta 2. Describe the dataset: What can you tell me about the data? How could we use this data? Who would care about this data? 3. Choose 2...
-
Timeless Company will manufacture the iSports Watches (64-GB only) and the Standard (128-GB) iWatches for Pear Computer. The critical part of the manufacturing process uses a single machine that...
Study smarter with the SolutionInn App