What is meant by vicarious liability in agency law

Assignment Help Financial Accounting
Reference no: EM13341457

What property interest did Dollars & Sense register under the Torrens system and how didit acquire that interest? How did that interest relate to Mrs Nathan? Why do you thinkDollars & Sense registered its interest? 

Explain the basis upon which Rodney Nathan was found to be Dollars & Sense's agent.Did ratification play any role? 

What was found to be the scope of Rodney Nathan's authority? Did the act of forgery fallwithin the scope of that authority? 

How could Rodney Nathan's fraud be described as both a tort and a crime? Whowas/were the victim/s of his fraud? What role does fraud play in the operation of theTorrens system? 

What is meant by vicarious liability in agency law? Why is it referred to as ‘strict' liability? How did that concept apply here? 

What was the nature of the difference of opinion between the dissenting judge of the Courtof Appeal (William Young P) and the other judges? Why was the issue so critical in there solution of the dispute between the parties? 

Do you consider the outcome arrived at in this case is fair and correct? How do you thinkthis case would be decided in Australia? If you consider the result in Australia would differfrom that in the New Zealand Supreme Court, which do you prefer?

Reference no: EM13341457

Questions Cloud

Find the average power delivered to the light bulb : A light bulb is connected to a 120.0-V wall socket. The current in the bulb depends on the time t according to the relation I = (0.703 A) sin [(257 rad/s)t]. What is the average power delivered to the light bulb
Inform the president of any new internal control requirement : Advise the President of what the company is doing wrong (they are definitely doing some things poorly). Please be sure to include the internal control principle that is being violated along with a recommendation for improvement.
Prepare the journal entry for december : Prepare the journal entry to record the transaction of December 31, 2009, for the Hurly Co and assuming Hurly Co.'s fiscal year-end is December 31, prepare the journal entry for December 31, 2010.
Determine how long is the wire : A tungsten wire has a radius of 0.082 mm and is heated from 20.0 to 1399 oC. The temperature coefficient of resistivity is ? = 4.5 x 10-3 (Co)-1. How long is the wire
What is meant by vicarious liability in agency law : What property interest did Dollars & Sense register under the Torrens system and how didit acquire that interest? How did that interest relate to Mrs Nathan? Why do you thinkDollars & Sense registered its interest?
Moxley company - journalize the transactions : Allowance for Doubtful Accounts of $13,200. The note receivable is from Hoelter Company - Journalize the transactions.
What is the change in entropy due to this heat transfer : How much heat flows from 1.00 kg of water at 46.0°C when it is placed in contact with 1.00 kg of 24°C water in reaching equilibrium, What is the change in entropy due to this heat transfer
Find the net force that acted on it during its acceleration : A 14.1-g bullet is accelerated from rest to a speed of 793 m/s in a rifle barrel of length 66.9 cm. (a) Find the kinetic energy of the bullet as it bullet as it leaves the barrel.
Explain identifiable assets and liabilities of power ltd : On 1 July 2013, Power Ltd had on hand inventory worth $24 000, being transferred from Candle Ltd in June 2013. The inventory had previously cost Candle Ltd $17 000. The inventory was sold to external parties in the year ending 30 June 2014.

Reviews

Write a Review

Financial Accounting Questions & Answers

  What is the net effect on appraisal costs

What is the net effect on appraisal costs for 20X6, assuming the new receiving method is implemented and that 800,000 material units are received?

  Make the journal entries necessary to record

Make the journal entries necessary to record the transactions above using appropriate dates

  Monthly interest rate and annual effective interest rate

What are your monthly interest rate and annual effective interest rate? If your current outstanding balance is $3000.00 and you skip payments for two months, what would be the total balance two months from now?

  Evaluate what is the company''s average days

Cost of goods sold for the year is $240,000. Evaluate what is the company's average days in inventory?

  Determine the expected full cost of the surenex engagement

Determine the expected full cost of the Surenex engagement, including an allocation of overhead. Determine the lowest amount that Connie can bill on this engagement without hurting company profit?

  Purpose the inventories section of the balance sheet

Purpose the inventories section of the balance sheet for December 31, 2009 for Danube. Purpose the inventories section of the balance sheet for December 31, 2009 for Annandale.

  Why do we use this procedure

What is one of the analytical procedures commonly used when auditing accounts in the inventory and warehousing cycle? Why do we use this procedure (i.e., what does it tell us)?

  Discuss transaction costs and it different impacts

Transaction Costs explains many of the macro trends of today, such as globalization and industry consolidation. Discuss transaction costs and it's different impacts.

  Evaluate the cost of the finished goods inventory

Evaluate the cost of the finished goods inventory. Under variable costing, evaluate the cost of the finished goods.

  The management team for the adoption of mode of transfer

The management team for the adoption of that mode of transfer pricing

  Determine the total gross deductions

Evaluate the total Gross estate and determine the total gross deductions?

  Find cranberry corporation''s addition to retained earnings

Evaluate the necessary requirements on the basis - Find Cranberry Corporation's addition to retained earnings with a 10% increase in sales? Assume the dividend payout ratio and profit margin remains fixed.

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