Examlex

Solved

When Is a Principal Liable for Her Own Conduct in Tort

question 24

Essay

When is a principal liable for her own conduct in tort involving the use of agents?


Definitions:

Socially Desirable Outcome

An economic or social condition that benefits the majority of the community, considering factors like efficiency, equity, and the welfare of all participants.

Selfish Interests

Motivations based on personal gain or benefits rather than considering the welfare of others.

Trade

The exchange of goods, services, or resources between individuals, businesses, or countries.

Specialize

The process by which individuals or entities concentrate on producing a limited scope of goods or services to gain efficiency or quality improvements.

Related Questions