The Fact That a Tort or Crime Is Committed by an Employee

question 10

True/False

The fact that a tort or crime is committed by an employee imposes vicarious liability on an employer.

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Definitions:

Excise Tax

A tax levied on certain goods and commodities produced or sold within a country and on licenses granted for certain activities.

Consumers

Consumers are individuals or organizations that use economic goods or services, driving demand in the economy through their purchasing choices and preferences.

Producers

Producers are individuals or entities that create goods or provide services.

Efficiency Loss

The loss of economic efficiency that can occur when the balance between supply and demand is not achieved or is interfered with.