Generally,vicarious Liability Is Applied to Intentional Tort Cases Because Workers

question 1

True/False

Generally,vicarious liability is applied to intentional tort cases because workers are usually hired to commit intentional torts.

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Definitions:

Closing Entries

Journal entries made at the end of an accounting period to transfer temporary accounts to permanent accounts, clearing the way for the next accounting period.

Periodic Financial Statements

Reports that are issued at regular intervals, such as monthly, quarterly, or annually, summarizing a company's financial position.

Accounting Period

A specific period of time used for financial reporting purposes, typically a quarter or year.