A Is Employed by B as a Truck Driver

question 36

Multiple Choice

A is employed by B as a truck driver.C is A's partner,and they go on deliveries together.One day,while backing up the truck,A drives negligently and injures C.C successfully sues B on the basis of vicarious liability.In a law suit by B against A

• A)the court will try to create a new employment contract between A and C so as to allow C to recover from A.
• B)the court will imply a term into A's contract of employment with B that A will take reasonable care and skill in the performance of his duties.
• C)the court will not imply any term into A's contract of employment with B.
• D)the court will look to custom and usage of the trade to determine whether it should imply a term in the employment contract between A and C.
• E)none of the above

Comprehend the outcomes and benefits of strong communication skills within an organization.

Understand the process and goals of effective communication.

Recognize the principles of professionalism in communication.

Understand the dynamics and types of formal and informal communication networks within organizations.

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Definitions:

Profit

The financial gain realized when the revenue earned from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Marginal Revenue

The additional revenue that a firm receives from selling one more unit of a good or service.

Marginal Cost

The extra expense resulting from the manufacture of an additional unit of a product or service.

Competitive Price-Taker

A market participant who cannot influence the price on the market but instead must accept the prevailing market price.