One Advantage of Sole Proprietorships Is That Under the Principle

question 128

True/False

One advantage of sole proprietorships is that under the principle of vicarious liability, the sole proprietor is not responsible for any tort committed by an employee during the course of employment.

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Definitions:

Shared Power Strategy

A change strategy that pursues change by participation in assessing change needs, values, and goals.

Socio-cultural Norms

The shared expectations and rules that guide behavior of people within social groups, influenced by societal and cultural factors.

Group Pressures

The influence exerted by a group on its members to align their behavior, attitudes, or beliefs with the group's norms and values.

Resistance to Change

The act of opposing or struggling with modifications or transformations that alter the status quo of the workplace or organization.