What is the responsibility of an employer for torts of employees that are committed in the course and scope of employment?
a. Abuse of process
b. Respondeat superior
c. Negligence
d. Strictliability
b
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Answer the following statements true (T) or false (F)
1) When preparing financial statements under the periodic inventory system, a calculation of cost of goods sold must be made. 2) The financial statements under the periodic inventory system and the perpetual inventory system are the same. 3) Cost of goods available for sale represents beginning merchandise inventory plus net purchases less freight in. 4) When using the periodic inventory system, there is no need to record an adjusting entry for inventory shrinkage. 5) When using the periodic inventory system, the process of recording the ending Merchandise Inventory is completed by making an adjusting entry.
What were Aetna’s major problems during the period being analyzed? What were their weaknesses?
What will be an ideal response?
Which of the following statements is incorrect concerning liquidated damages?
a. A liquidated damages clause will be enforced if, when the contract was made, it was difficult to estimate actual damages. b. The amount of liquidated damages must be a reasonable estimation of the actual harm resulting from a breach. c. Nominal damages are not the same thing as liquidated damages. d. Liquidated damages are enforceable even if the amount is considered to be a penalty on the breaching party.
Relationship selling is also called interactive selling.
Answer the following statement true (T) or false (F)