Sometimes, principals request that agents run errands or conduct other acts on their behalf while the agent or employee is on personal business. This is an instance of ________ for the agent.

A. respondeat superior
B. frolic and detour
C. vicarious liability
D. dual-purpose mission


Answer: D

Business

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Which organizational culture artifact below is defined as formalized actions and planned routines?

a. Stories b. Ceremonies c. Symbols d. Rituals

Business

Sapphire Industries Ltd. has a net income of $60 million and the total depreciation on its assets is $20 million. The net cash flow of Sapphire Industries is:

A. $80 million. B. $60 million. C. $20 million. D. $40 million. E. $100 million.

Business

All other things held constant, premiums on put options will increase when the

A) exercise price increases. B) volatility of the underlying asset falls. C) term to maturity increases. D) A and C are both true.

Business

With respect to the types of information systems used in organizations, an automated system for analyzing bank loan applications is an example of a(n) ________ system

A) geographic information B) electronic commerce C) social software D) visualization E) intelligent

Business