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Situations Under Which Parents Can Be Held Liable for the Actions

question 2

Multiple Choice

Situations under which parents can be held liable for the actions of a child include which of the following?
I.The child uses a parent's gun to injure someone.
II.The child is acting as an agent of the parent.


Definitions:

Transfer Payment

A payment made by the government to individuals, without the government receiving any goods or services in return.

Shareholders

Individuals or entities that own shares in a corporation, giving them a claim on part of the corporation's assets and profits.

Inventories

Stocks of goods and materials a business holds for the purpose of resale or production.

Gross Domestic Product

Gross Domestic Product (GDP) is the total market value of all final goods and services produced within a country's borders in a given period, serving as a broad measure of a nation's overall economic activity.

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