________ References the Liability of Corporations for Torts and Crimes

question 27

Multiple Choice

________ references the liability of corporations for torts and crimes committed by their agents during the scope of their employment.

• A)Stare decisis
• B)Res ipsa loquitur
• C)Respondeat superior
• D)Negligence per se
• E)Post hoc ergo propter hoc

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Definitions:

Operating Cash

Cash generated from a company's normal business operations.

Investing Activities

Financial transactions involving the acquisition or disposal of long-term assets or other investments not included in cash equivalents.

Financing Activities

Transactions involving raising funds for the company through borrowing or issuing equity.

Direct Method

A method of preparing the cash flow statement where actual cash receipts and payments are reported, instead of adjusting net income for changes in non-cash accounts.