If a Person Could Be Expected to Possibly Cause Problems

question 365

Multiple Choice

If a person could be expected to possibly cause problems and an employer hires them anyway, the employer could be held liable for ____ if the employee commits a tort against a customer.

• A) negligence in hiring
• B) irreverence in hiring
• C) irresponsibility in hiring
• D) lack of foresight in hiring
• E) lack of care in hiring

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Definitions:

Command Economies

Economic systems where government decisions rather than market mechanisms primarily dictate production, allocation, and prices of goods and services.

Laissez-Faire Economy

A market system in which private-party transactions are conducted without the interference of government actions like regulations, privileges, tariffs, and subsidies.

Marginal Tax Rate

The tax rate paid on the next dollar earned.

Average Tax Rate

Total amount of tax paid divided by total income.