Which of the Following Is Referred to as Respondeat Superior

question 72

Multiple Choice

Which of the following is referred to as respondeat superior?

• A) Giving permission to an agent to carry out certain tasks
• B) The liability of a principal for the tort of an agent
• C) Affirmation by a person of a prior act which did not bind him but which was done on his account
• D) The liability of an agent for the tort of a principal

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Definitions:

Sales

The total amount of goods or services sold by a company during a specific period.

Maturity Date

The specified date on a financial instrument when the principal amount is due to be paid back or when an investment reaches its full value.

90-Day Note

A short-term debt obligation that matures or is due to be paid 90 days after its issuance.

Accrued Interest

Interest that has been incurred but not yet paid, typically recorded as an expense for the period it relates to.