Under the Doctrine of Respondeat Superior , a Corporation Can

question 122

Multiple Choice

Under the doctrine of respondeat superior , a corporation can be held liable for

• A)acts perpetrated by its market competitors.
• B)breaches of contract by its customers and suppliers.
• C)torts committed by its agents or officers.
• D)none of the choices.

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Definitions:

Supply Chain Management

The management of goods, data, and money as they travel from the supplier to the manufacturer, then to the wholesaler, retailer, and finally to the consumer.

Supply and Demand

Economic principles that describe the relationship between the availability of a good and the desire for that good, affecting its price.

Component Firms

Companies that supply parts or services to other businesses in the production process.

End Customer

The final consumer of a product or service who does not intend to resell it; the ultimate user in the distribution chain.