In the Text Case Mais, Et Al

question 22

Multiple Choice

In the text case Mais, et al., v. Allianz Life Insurance Company of North America, the plaintiff sued claiming the defendant was responsible for acts of its former employee, even though he was not employed by the defendant at the time of the alleged acts. Which of the following was the result?

• A) The defendant was not held liable because it had no reason to know a former employee was stealing from its clients.
• B) The defendant was not held liable because the former employee's act exceeded the scope of his employment.
• C) The defendant was not held liable because the plaintiff should have known the employee was no longer employed by the defendant.
• D) The defendant was held strictly liable because the nature of the acts involved were inherently dangerous.
• E) The defendant was held vicariously liable for the acts of its former employee because it did not notify customers that the agent had been terminated.

Understand the concept of opportunity cost in different scenarios.

Differentiate between major-specific job market outcomes during economic fluctuations.

Identify factors contributing to market efficiency.

Calculate the opportunity cost related to personal decisions and economic transactions.

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Definitions:

Systematic Thinking

An approach to problem-solving that involves understanding and analyzing the relationships between parts of a system.

Integrated Fashion

A way of combining elements or systems so that they work together in a coherent and complementary manner.

Problem Solving

The process of identifying a challenge, barrier, or unmet need and developing, implementing, and assessing solutions or strategies to address the issue.

Problem Avoider

An individual or approach that intentionally avoids confronting or solving issues, often leading to larger problems.