If an Agent Tortiously Injures a Third Party,the Third Party

question 85

True/False

If an agent tortiously injures a third party,the third party may not hold the principal personally liable.

---

Definitions:

Share Capital

The total amount of funds raised by a company through the issuance of shares to investors, representing ownership in the company.

Shareholders' Equity

It represents the net assets of a company, calculated as total assets minus total liabilities, and is the ownership interest of the shareholders.

Goodwill Element

The portion of the purchase price in a business combination that exceeds the fair value of the net identifiable assets of the acquired entity, representing intangible assets like brand reputation or customer relationships.

Dividend Paid

Cash or stock distributed by a company to its shareholders from its profits or reserves as a return on investment.