Martin Is Employed by a Delivery Company and Uses One

question 29

Multiple Choice

Martin is employed by a delivery company and uses one of the company's trucks to make his deliveries.One day after work,Martin borrows the truck,and while he is driving home,he loses control of the truck and collides with Alice's car,causing damage to the car and injuries to Alice.In this case,Alice will

• A)sue both Martin as the principal tortfeasor and the delivery company,which is vicariously liable.
• B)sue both Martin as the principal and the delivery company under the principle of vicarious performance.
• C)sue Martin only because he alone is the tortfeasor.
• D)sue the delivery company only because it is Martin's employer.
• E)not be able to sue either the delivery company or Martin because the accident was Alice's fault.

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Definitions:

Working Capital Projects

Initiatives undertaken by a company to manage its current assets and liabilities effectively, aiming to improve its liquidity and operational efficiency.

Net Present Value Rule

A financial principle stating that an investment should be made if its net present value is positive, considering the time value of money and all associated costs and revenues.

Market Value

The price in the market at which assets or services can currently be exchanged.

Investment's Cost

The total amount of money spent to acquire an investment, including all charges and fees associated with the purchase.