Which of These Arguments Would Be Helpful in Deflecting Vicarious

question 80

Multiple Choice

Which of these arguments would be helpful in deflecting vicarious liability?

• A) Ignorance
• B) Independent contractor argument
• C) Financial inability argument
• D) Actions are within the scope of agency/employment argument

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Definitions:

Revenue

The sum of money earned from the sale of products or services that are the main activities of a business.

Interest Rate

The percentage charged on a loan or earned through an investment, representing the cost of borrowing or the return on invested capital.

Discounting Project Cash Flows

The process of determining the present value of expected future cash flows of a project using a specific discount rate.

Risk Premium

A component of a rate of interest or return that compensates the investor for bearing some kind of risk.