A Principal Is Liable for Harm Caused to a Third

question 43

True/False

A principal is liable for harm caused to a third party by an agent who commits a tort while act?ing in the scope of his or her employment.

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Definitions:

Lot Size

The quantity of items that are processed or purchased at one time, affecting both inventory costs and manufacturing processes.

Ordering Costs

Expenses incurred in placing and processing orders for products, including administrative and operational costs.

Transportation Cost

Expenses associated with moving goods or materials from one location to another, including freight charges and fuel costs.

Cost from Theft

The financial impact incurred by a business due to pilferage, shoplifting, burglary, or other forms of theft.