A Corporation Is Liable to a Third Person for the Act

question 12

Multiple Choice

A corporation is liable to a third person for the act of its agent: ______.

• A) to the same extent as a natural person would be liable.
• B) only if the agent was expressly authorized to perform the act.
• C) only if the agent's act was a crime.
• D) only if the agent's act was based on an intent to benefit the corporation.

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Definitions:

Reset To Zero

The action of setting a numerical value or count back to zero in systems, circuits, or software applications.

CTD

Stands for Countdown Timer Delay, often used in electronics and programming to introduce a delay before an action is executed.

Count-Down Counter

A Count-Down Counter is a digital device or mechanism that counts down from a specified number to zero, often used in timing or as part of control systems.

True-To-False Transitions

Changes in logic state from a true (high) condition to a false (low) condition, often monitored in digital circuits for triggering events or actions.