User Account

All Pages

What is the employee risk of liability

Assignment Help Business Law and Ethics
Reference no: EM132488876

Problem: Assume the following facts can be proven. Tom incorporated his company, Tom Boxes Inc., and put $20,000 into the corporation by way of a shareholder's loan and took back a Security Agreement on the corporation's equipment. The corporation created decorative boxes. An employee of the company delivered some boxes to a customer who complained about the colour used. The employee became so angry that he shoved the customer, who fell into a glass display case, causing $30,000 damage to the customer and the case.

Required:

(a) What is the employee's risk of liability? Clearly explain the applicable cause of action, its factors and its defences. If there is no potential cause of action, explain why.

(b) What is Tom Boxes Inc.'s risk of liability? Clearly explain the applicable cause of action, its factors and its defences. If there is no potential cause of action, explain why.

(c) What is Tom's risk of liability? Clearly explain the applicable cause of action, its factors and its defences. If there is no potential cause of action, explain why.

Reference no: EM132488876

Questions Cloud

Discuss in depth the risk assessment strategies : Given the following scenario, discuss in depth the risk assessment strategies and components that you would deploy in order to ensure that secure defenses.
What are her loses due to the incident : Wilma can sue for and is likely to receive? You need to consider what are her loses due to the indicent and what is legally recoverable.
What actions company took to achieve operational excellence : Explain what actions the company took to achieve operational excellence. The above submission should be three pages in length. There should be at least three.
Define forces to undermine effective risk management : Is effective risk management possible without constructive dialogue? What are the forces that tend to undermine effective risk management in an organization?
What is the employee risk of liability : What is the employee's risk of liability? Clearly explain the applicable cause of action, its factors and its defences. If there is no potential cause of action
Calculate the cost per equivalent unit of materials : Calculate the cost per equivalent unit of materials. Sparky Corporation uses the FIFO method of process costing is available for February in Molding Department
Is gurleen bound by the contract : a. Is Gurleen bound by the contract? Explain. b. Does Gurleen have any cause of action against Kate? If so, what is it? Explain.
Evaluating the pros and cons of that student recommendations : Select at least 3 other students' threads and post substantive comments on those threads, evaluating the pros and cons of that student's recommendations.
What kind of business organization is this : David and his sister Christa made unusual kites. They both created the designs; David made the patterns. Friends had always wanted to buy their kites.

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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