Examlex
Name two circumstances in which an employer is not vicariously liable for the acts of an employee.
Business Combination
A transaction or other event in which an acquirer gains control over one or more businesses.
Consolidated Balance Sheet
A financial statement that combines the assets, liabilities, and equity of a parent company and its subsidiaries into one document.
Noncontrolling Interest
A minority interest in a subsidiary that is not owned by the parent company, representing shareholders' equity in subsidiaries not attributable, directly or indirectly, to a parent.
Foreign Currency
The money or legal tender issued by a country's government, which is used and traded internationally outside of the issuing country.
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