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.

Identify the use and potential drawbacks of job rotation in employee development.

Understand the application and purpose of assessment centers in identifying managerial potential.

Understand and describe the properties of a normal distribution.

Calculate and interpret z-scores for individual data points within a normal distribution.

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Definitions:

Hybrid Systems

Hybrid systems are composed of interconnected networks of digital and analog components that can process both continuous and discrete data, often found in engineering and computing contexts.

Process

A series of actions or steps taken in order to achieve a particular end, especially in the context of business operations or manufacturing.

Job Order Operations

A production system where costs are assigned to specific orders, lots, or batches.

Direct Labor

The financial outlay for remuneration of personnel directly associated with manufacturing products or offering services.