Question: Alpha Corp recently suffered two losses. First, as a result of the carelessness of its financial adviser, Jewel, it lost $ 1 0 0 0

Alpha Corp recently suffered two losses. First, as a result of the carelessness of its financial adviser, Jewel, it lost $100000 when it invested in worthless shares. Second, in a separate incident, it lost $50000 when its lawyer, Maia, failed to file a certain document at the land registry office on time. Both Jewel and Maia are liable to Alpha for the tort of negligence. The doctrine of joint and several liability always applies if two or more tortfeasors are liable to the plaintiff. Alpha is entitled to claim $150000 from Jewel, and Jewel would then be entitled to claim $50000 in contribution from Maia.
Question 18Select one:
True
False

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!