According to the Text,which of the Following Are Factors Considered

question 48

Multiple Choice

According to the text,which of the following are factors considered by courts in determining whether an act committed by an employee occurred within the course and scope of employment?

• A) Whether the employer authorized the employee's act.
• B) Whether the employer provided the tools by which the act occurred.
• C) Whether the employer knew that the act would involve the commission of a serious crime.
• D) Whether the employee had worked for the employer for a substantial amount of time.
• E) Whether the employee used force not expected by the employer.

Appreciate the role of present value in resource allocation decisions over time.

Recognize how property rights influence the extraction rates of resources.

Understand the principles and implications of individual transferable quotas (ITQs) in fisheries management.

Compare the effectiveness of total allowable catch (TAC) policies and ITQs in promoting economic efficiency and sustainability in fisheries.

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Definitions:

Labour Efficiency Variance

The difference between the actual labor hours spent on production and the expected (or standard) labor hours, multiplied by the standard labor rate.

Actual Total Labour Cost

The real amount spent on wages and benefits for employees involved in the production process during a specific period.

Standard Labour Rate

The pre-established rate per hour that a company expects to pay for direct labor.

Actual Units

The real quantity of items produced, sold, or consumed, as opposed to planned or theoretical quantities.