Question

1. explain the concept of imputed act. assuming you are the training manager you need to explain to an entry level agent trainee on how imputed act could endanger the whole company.

Answer 1

Any infringement of this nature could be detrimental to the company, and the company could face legal action as a result. This lawsuit might be financially taxing for the corporation and may jeopardize the company's going concern status.

A company is a legal entity that exists apart from its owners. Corporations have many of the same rights and obligations as persons under the law. They can enter into contracts, lend and borrow money, sue and be sued, hire people, possess assets, and pay taxes. A corporation is legally distinct from its owners. Corporations have many of the same legal rights and obligations as individuals. A key feature of a corporation is limited liability, which means that its shareholders are not personally liable for the company's debts. A company can be formed by an individual or by a group of people who share a same aim. This may not always imply making a profit.

Learn more about company here

brainly.com/question/29354835

#SPJ4