Which of the Following Is a Factor That Courts Consider

question 212

Multiple Choice

Which of the following is a factor that courts consider during a vicarious liability case when determining whether an act was within the scope of employment:

• A) whether the act was of the same general nature as those authorized by the principal.
• B) whether the agent was authorized to be where he was at the time the act occurred
• C) whether the agent was serving the principal's interests at the time of the act
• D) all of the other specific choices are correct
• E) none of the other specific choices are correct

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Definitions:

Bank Reconciliation

The process of comparing and adjusting the balance shown in a company’s bank statement, as compared to the company’s own financial records.

Journal Entries

The basic method used in accounting to record transactions, involving debits and credits to appropriate accounts.

Debit

An accounting entry that results in either an increase in assets or a decrease in liabilities or equity on a company's balance sheet.

Bank Statement

A document issued by a bank detailing the transactions in an account over a specific period, showing deposits, withdrawals, and balances.