Answer the following: a. When is the principal liable for the torts committed by an agent? b. When is the principal liable for the crimes committed by an agent? Explain


a. A principal who authorizes an agent to commit a tortious act is liable. In addition, a principal is liable if he negligently selects agents, retains agents, trains agents, supervises agents, or otherwise controls agents. Under respondeat superior an employer may be liable for unauthorized torts committed by his employee in the course of employment.
b. The principal is liable for agent's crimes if the principal directs, participates in, or approves of the act. An employer may be subject to a criminal penalty for acts of managers acting in the scope of employment. An employer may also be criminally liable without fault under certain statutes, such as those punishing every person who by himself, his agent, or employee sells anything at short weight.

Business

You might also like to view...

Why do firms benefit from a price premium with loyal customers?

What will be an ideal response?

Business

The bargaining unit is that group of employees who have similar working conditions, and who are grouped together for the purpose of collective bargaining.

Answer the following statement true (T) or false (F)

Business

Use the information in Table 10.3. The total cost of the staffing plan, including the cost of regular wages, hiring, and layoffs, using a chase strategy with hiring and layoffs but no overtime, is:

A) less than or equal to $125,000. B) greater than $125,000 but less than or equal to $125,500. C) greater than $125,500 but less than or equal to $126,000. D) greater than $126,000.

Business

To implement the marketing concept, a firm must first

A. mobilize its marketing resources. B. promote the product. C. obtain information about its customers' needs. D. develop the product. E. determine if customers want the firm to practice the marketing concept.

Business