A Principal Is Responsible for All Intentional Torts Committed by an Agent

question 45

True/False

A principal is responsible for all intentional torts committed by an agent.

Recognize the significance of genetic variation in plants.

Identify adaptations in plants to their environment.

Describe the formation and function of plant meristems.

Understand the significance of seed banks and genetic preservation.

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Definitions:

Capital Lease

A lease agreement that qualifies as a purchase of an asset for accounting purposes, because it substantially transfers all the benefits and risks of ownership to the lessee.

Incremental Borrowing Rate

The interest rate a lessee would have to pay to borrow, over a similar term and with a similar security, the funds needed to obtain an asset lease.

Leased Equipment

Assets obtained by a company through a leasing agreement, allowing the company to use the equipment without owning it.

Annuity Due

An annuity due is a type of annuity payment in which each installment is paid at the beginning of each period, rather than at the end, typically used in leases and loan repayments.