An Employer Can Never Be Held Vicariously Liable for an Employee's

question 63

True/False

An employer can never be held vicariously liable for an employee's intentional tort,such as a sexual assault.

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Definitions:

Forward Contract

A customized contract between two parties to buy or sell an asset at a specified price on a future date.

Recognised Borrowings

Loans and other forms of financial debt that are acknowledged on a company's balance sheet as liabilities.

Forward Exchange Contract

An agreement between two parties to exchange a specified quantity of one currency for another at a specified exchange rate on a specified future date.

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.