Question: When a third party sues a principal for an agent's negligence, the principal can sue the agent for an equal amount of damages. a .

When a third party sues a principal for an agent's negligence, the principal can sue the agent for an equal amount of damages.
a. True
b. False
When a third party sues a principal for an agent's negligence,

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!

Q:

Harrison Electronics, Inc., operates a chain of electrical lighting and fixture distribution centers throughout northern Arizona. The firm is anticipating expansion of its sales in the coming year as...

Q:

FOR BUSINESS LAW, ALL QUESTION ARE IN THE FILE. PLESS HELP ME Which of the following labor union actions is legal? I An employer's hiring permanent replacement workers, to replace all striking...

Q:

This is a chapter quiz: Questions are there with the options. I need help with the right answers....

Q:

PLEASE HELP. i will give good ratings!!!:))( Question 23 17 One of the benefits of agency is that it: Allows you to transact business in different places simultaneously. O Never needs to be based...

Q:

1. A contract is being discussed by Walsh and Klein. Walsh offers to sell Klein's two-foot parcel of property for $450 in a face-to-face conversation. Which of the following statements is true? A)...

Q:

olease answer question 18 and 20(business law) QUESTION 18 There are several requirements for creating an agency relationship. In general, which of the following is NOT a requirement (A) The agent...

Q:

1 -the business judgment rule holds directors and officers liable regardless if they act in good faith or not--- False 2-T or F---- shareholder approval is required if a corporation buys all of the...

Q:

Just need these questions answered please. A few of them already have answers so just ignore those ones. Thank you! 1 -the business judgment rule holds directors and officers liable regardless if...

Q:

business law d. Farley is bound because its agent pregly. Impliedly, or apparently had the authority to make such an adjust ment 16. The ability of a principal to a third party for the tort of his...

Q:

11. An agent has not breached the duty of ________ if the principal gives unlawful or unethical instructions. a. loyalty b. performance c. obedience d. compensation 12. John, a real estate agent,...

Q:

The most accurate statement about managerial control of traditional corporations is that shareholders C . Can exert control over the corporation only by choosing directors. A . Are similar to general...

Q:

Explain how to compute the mean and variance of a sample and a population. How would you explain the formulas in simple English?

Q:

ACTIVITY 24 Directions: Identify the following equations. Write YES if it is Quadratic and NO if it not. EQUATIONS YES or NO 1 5x+6 = 2. 25-b = 4b 3. 12-4x=0 4. 2t-7t=12 5. 3x - 2x+6=0 6. x-9=0 7....

Q:

true or false: The city of Brighton received a $ 1 0 million federal grant to finance the construction of a homeless shelter. These proceeds should be recorded in the Capital Project Fund.

Q:

Consider the following time series data. Using the nave method (most recent value) as the forecast for the next week, compute the following measures of forecast accuracy: a. Mean absolute error (MAE)...