A principal will not be liable to a third party for a tort committed by an agent:
a. Unless the principal instructed the agent to commit the tort.
b. Unless the tort was committed within the scope of the agency relationship.
c. If the agency agreement limits the principal's liability for the agent's tort.
d. If the tort is also regarded as a criminal act.
.B
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An individual can be prosecuted by the SEC for insider trading whether or not that individual is employed by the company involved
Indicate whether the statement is true or false
Which of the following is a characteristic of intuition in decision-making?
A. follows a conscious process B. results in longer time to make decisions C. results in affectively charged judgments D. has no place in organizational decisions
Organizations higher in creativity are more likely to be:
a. risk avoidant. b. risk taking. c. individualistic. d. collectivistic.
What type of business entity is a business organization like a general partnership in thatit consists of two or more people who are co-owners of a business for profit but not all of the co-owners of thebusiness are involved in the management and
operation of the business? a. Limited partnership b. Business corporation c. Limited liability partnership d. Limited liability company