Principal responsibility for the actions of their agent

Assignment Help Accounting Basics
Reference no: EM13922637

Employment-at Will. Should the law allow an employer to fire an employee without a good reason? Conduct research to provide examples to support your position and use your own personal employment experiences when possible. Have you observed situations where an employee was fired? Did the employer give a reason? Do you believe the employer's actions were legal?

A Principal's Responsibility for the Actions of Their Agent. Karen is shopping at Big Mart. She has with her an umbrella which is the same brand Big Mart carries. When a Big Mart employee, Steve, sees her leave with the umbrella without going through the checkout lane, he asks her to come back into the store. Steve says that he thinks Karen is shoplifting the umbrella. Karen tells him that she has had the umbrella for years and shows him marks of wear and tear. Steve apologizes and tells Karen she is free to go. Can Karen successfully sue for false imprisonment or defamation? From what you have learned about the relationship between a principal and an agent, analyze whether Steve or Big Mart could be liable because of Steve's actions.

Reference no: EM13922637

Questions Cloud

Douglas-fir trees in a test plot : Use this information to answer questions 2-4. Following a brushfire, a forester takes core samples from the ten surviving Bigcone Douglas-fir trees in a test plot within the burn area, and a dendrochronologist determines the age of the source tree..
Conducting the marketing research : During the marketing research process, _____ are the specific, measurable goals the decision maker seeks to achieve in conducting the marketing research.
Estimated total audited value of the population : The 10,000 accounts receivable of DEF Company have a total book value of $120,000. A CPA has selected and audited a sample of 100 accounts with a total book value of $1,000 and an audited value of $1,200. Using the ratio estimation technique, the ..
Implementation of electronic health information technology : Successful Implementation of Electronic Health Information Technology, Since the inception of the HITECH Act, health organizations have faced increased pressure to update their health information technology (HIT) resources
Principal responsibility for the actions of their agent : Employment-at Will. Should the law allow an employer to fire an employee without a good reason? Conduct research to provide examples to support your position and use your own personal employment experiences when possible. Have you observed situati..
What do you suggest that the engineer should do : How could the engineer, the foundry workers and Mr. Vishwanath be more effective, both verbally and nonverbally?
What internal relationships must be considered? : You are a manager of a large rehabilitation center that provides short-term care rehabilitation services on an inpatient and outpatient basis.
Write a reflective essayon personal development plan : Write a Reflective Essayon Personal Development Plan. tudents are expected to develop their own assessment of their chosen leader, by answering why they have chosen this particular leader.
How fine-line inventory classification can used with product : Illustrate how fine-line inventory classification can be used with product and market segments. What are the benefits and considerations when classifying inventory by product, market, and product/market?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd