Attorney From: Paralegal Re: Vicarious Liability John Stokely is responsible for injuring the motorcyclist while driving a vehicle from AAA Auto Dealers. Employers are vicariously liable under the respondeat superior doctrine. In the respondeat superior doctrine‚ in most cases‚ an employer is responsible for the actions of employees performed within the scope of employment. John Stokely used the company’s vehicle for personal reasons‚ regardless of what they were‚ and negligently collided into
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mechandise sold Estimated premiums payable Deferred revenue Accrued interest on bonds payable Provision - deficiency income tax assessment TOTAL CURRENT LIABILITIES 500‚000 50‚000 20‚000 64‚000 50‚000 200‚000 40‚000 80‚000 100‚000 90‚000 160‚000 120‚000 75‚000 87‚000 360‚000 200‚000 2‚500‚000 A Convertible bonds‚ due January 31‚ 2007 Noncurrent portion of serial bonds (P2‚000‚000 - P100‚000) TOTAL NONCURRENT LIABILITIES 1‚000‚000 1‚900‚000 2‚900‚000 B 5‚400‚000 C TOTAL LIABILITIES (Requirement
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Table of Contents Introduction Accountants’ Liability to the Client and Third-Party A) Breach of Contract B) Ordinary Negligence (Accountant Malpractice) C) Fraud a. Constructive Fraud (Gross Negligence) b. Actual Fraud Accountants’ Liability under Common Law for Third-Party A) The Near-Privity Doctrine B) The Restatement Doctrine C) The Foreseeability Doctrine D) The Balancing-Factors Doctrine Accountants’ Liability under Statutory Law Third-Party A) Securities Act of 1933 B) Securities
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discussion thread‚ describe an area of caution that this material suggested to you as a teacher‚ and share any personal thoughts you might have on the issue. An area of caution that I might have an issue for my rights and responsibilities is 9-2j Tort Liability and Negligence. I can relate to the example in the text about a teacher getting charged with negligence when a child fell from a playground structure while the teacher was attending to other children. No‚ I did not get charged with negligence‚ but
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Investigating Use of Force Before and After Complaints: An Operational Template to Avoid Civil Liability Richard H. Martin‚ Auburn University Montgomery Jeffrey L. Gwynne‚ Auburn University Montgomery Charles A. Gruber‚ Chief (Ret.)‚ CAG Consultants Introduction Many police agencies lack policy‚ procedure‚ and diligence by police supervisors to investigate NON-excessive use of force incidents before a citizen files a formal complaint of a civil rights violation against the police. Police by
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Product Liability Law Outline I. Introduction Imagine getting the same old dog or cat food for your pet that you always get and all of a sudden your pet gets sick and dies. Is this a case that can be filed against the business you bought the food from‚ the company that made the food‚ or both? Should companies be held accountable to a higher degree? II. Definition of Product Liability Business Law: The Ethical‚ Global‚ and E-Commerce Environment
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Florida A&M University School of Business and Industry The Ethical and Legal Issues of Product Liability Courtney Jordan April 18‚ 2015 BUL 5323: Legal Issues and Environment Introduction Product liability refers to a manufacturer or seller being held liable for placing a defective product into the hands of a consumer. Responsibility for a product defect that causes injury lies with all sellers of the product who are in the distribution chain. This includes the manufacturer of component parts
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Limited Liability Corporation and Partnership In the United States‚ limited liability companies increased rapidly throughout the past 10 years. These structures permit businesses to decrease federal tax liabilities by federal pass-through provisions (Bean & Bilyeu‚ 1997). Limited liability can apply to any non-corporate business‚ in any state‚ and provides characteristics of a corporation and a partnership. Individual states regulate the operations of the LLCs. However‚ companies with limited
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Strict Liability Amanda Self BA265 Business Law II Abstract While shopping at Carl’s Hardware Store he was injured by a nail gun that Dan‚ an employee was using. When he noticed that the nail gun was assembled improperly he decided to sue the manufacture of the product‚ Eagle Tools Inc. Under strict liability‚ the manufacture has a liability to make sure that all the products that they sell are in working and safe conditions. While this product fits the requirements that strict liability covers
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Basis Van June 15‚ Y2 $18‚000 Pinball Machine (7-year) July 1‚ Y2 $4‚000 Customer List April 30‚ Y2 $10‚000 Assume that ISys Answers does not elect any §179 expense or bonus depreciation. a. What are the maximum cost recovery deductions for ISys Answers (excluding §179 expensing) for 2010 and 2011? b. What is ISys Answers’ basis in each of its assets at the end of 2011? a. ISys Answers’ Y1 cost recovery deductions are $6‚414‚ including the expensing of the start-up costs. ISys Answers’ Y2
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