Under Which of the Following Conditions Would a Principal or Employer

question 122

Multiple Choice

Under which of the following conditions would a principal or employer be liable for the tort of an agent or employee:

• A) the tort was authorized by the principal
• B) the tort occurred within the scope of employment
• C) the tort was not authorized by the principal
• D) both a and b are correct
• E) none of the other choices are correct

Analyze the structure and function of the Federal Reserve System, including the role of central banks.

Differentiate among various entities considered as banks under the UCC and understand their regulatory implications.

Appreciate the evolving role of checks within the modern financial system and the impact of electronic transactions.

Acquire knowledge about depositary, collecting, and intermediary banks and their significance in the check processing cycle.

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Definitions:

Single Factor Explanations

The attribution of a phenomenon or condition to a single cause, often oversimplifying complex issues.

Scientific Inquiry

The systematic investigation of scientific questions through experimentation, observation, and deduction to build a body of knowledge about the natural world.

Ultimate Goal

The final or most important aim or objective one is attempting to achieve.

Socioeconomic Spectrum

A range that categorizes individuals or groups based on their economic and social position in relation to others, often measured by factors like income, education, and occupation.