The doctrine of respondeat superior is most often applied in situations involving:

a. torts of the agent.
b. negligence of the principal.
c. contracts negotiated by the agent.
d. crimes committed by the agent.


a

Business

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Generally, the financial statements of U.S. companies must be prepared based on GAAP.

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

Business

Melanie and Erik, a pair that did not get along well in high school, met again at their 10-year high school reunion. They politely engaged in conversation from 6 feet away, within the ______ zone.

a. intimate b. personal c. social d. public

Business

A sole proprietorship form of business has only one owner

Indicate whether the statement is true or false

Business

Which of the following is not an advantage of issuing bonds instead of common stock?

A) Tax savings result B) Income to common shareholders may increase. C) Earnings per share on common stock may be lower. D) Stockholder control is not affected.

Business