Which of the following is true of tort liability for principals and agents?
A) A principal is responsible for the tortious conduct of an agent irrespective of the scope of his or her authority.
B) An agent is fully liable for his or her tortious conduct while on duty for the principal.
C) An agent is liable for the principal's tortious conduct if he or she participates in it.
D) An agent and a principal cannot be held responsible for the same tort.
C
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Which of the following statements is true of states' police power?
A. Police power restricts states from regulating interstate commerce although it happens within their borders. B. The states are allowed to regulate army activities within their borders. C. The states are given the authority to enact laws that regulate the conduct of business within their borders. D. The police force of a state is controlled by the federal police department.
Answer the following statements true (T) or false (F)
The main problem with partial allocation is the question of timeliness.
Which of the following statements about the team interview process is true?
a. The team does not discuss the pool of applicants prior to holding interviews. b. The team reviews résumés individually, with each team member making his/her recommendation to management as to who should be hired. c. The team interview can involve interviewing more than one applicant at the same time. d. The team interview results in a quicker hiring decision than does a traditional interview.
Which of the following statements is FALSE regarding a call provision?
A) The issuer can repurchase a fraction of the outstanding bonds in the market or it can make a tender offer for the entire issue. B) A call provision allows the issuer to repurchase the bonds at a predetermined price. C) The call price is generally set at or below, and expressed as a percentage of, the bond's face value. D) A call feature allows the issuer of the bond the right (but not the obligation) to retire all outstanding bonds on (or after) a specific date (the call date), for the call price.