The Liability of an Employer Under the Doctrine of Respondeat

question 70

True/False

The liability of an employer under the doctrine of respondeat superior is limited to wrongdoing by the employee in the scope of his employment.

---

Definitions:

Future

Financial contracts obligating the buyer to purchase an asset or the seller to sell an asset, such as a physical commodity or a financial instrument, at a predetermined future date and price.

Clientele Effect

The theory that a company's stock price changes according to the demands and preferences of its existing shareholder base.

Dividend Policy

A company's approach to distributing profits back to its shareholders through dividends.

Capital Gains

The increase in value of an asset or investment over its purchase price, which becomes realized upon the sale of the asset.