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vlada-n [284]
3 years ago
15

Abel was employed as a security guard for Seep Corporation. Abel's job was to guard a fenced-in area and to use force to keep in

truders from climbing the fence to enter the plant. His working hours were from 8:00 A.M. to 5:00 P.M. At about 11:00 P.M. one evening, Abel drove past his place of employment. He saw a teenager named Johnny climbing the outside of the fence that he guarded during the day. Angered by this violation of Seep's property rights and by the fact that Johnny had called him a "potbellied moron" only three days earlier, Abel stopped his car, ran up to the fence, pulled Johnny off of it, and beat him up. Johnny sues Seep Corporation for Abel's assault and battery (both intentional torts). Which of the following is most likely to be the court's verdict?​
A. Seep's is directly liable because Abel was an employee of the corporation at the time of the incident.
B. Seep's is not liable because Abel didn't act within the scope of his employment.
C. Seep's is liable under the doctrine of respondeat superior, since Abel was an employee.
D. Seep's is not liable for the intentional torts committed by its employees.
Business
1 answer:
snow_tiger [21]3 years ago
8 0

Answer:

B) Seep's is not liable because Abel didn't act within the scope of his employment.

Explanation:

Seep Corporation is only liable for actions made by its employees when they are acting within the scope of their employment and within labor hours. Even though Abel was a security guard whose job was to guard the fence, he was outside his work hours. His work shift is from 8:00 A.M. to 5:00 P.M. and the incident occurred at 11 P.M. which is 6 hours after his shift was over.

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The purpose of reporting Current Maturities of Long-Term debt is to: a. report any portion of a long-term borrowing that is to b
Ket [755]

Answer:

Correct option is (d)

Explanation:

Current liabilities are part of obligations of the organization that it needs to meet within one year. Current maturities of long term debt represents that part of long term debt such a bonds or loans that need to be paid of in the current financial year.

It is shown as a separate item in the balance sheet as it is paid off using highly liquid asset such as cash.

5 0
3 years ago
The Allied Corporation analyzes a project that requires an immediate investment of $440. Allied estimates that at the end of the
olga_2 [115]

Answer:

NPV = $100.4002 rounded off to $100.40

Explanation:

The NPV or net present value is the present value of a project or business's cash flows which are calculated by deducting the cash outflows from the cash inflows. NPV is a tool or criteria used for investment and project appraisal. The NPV can be calculated as follows,

NPV = CF1 / (1+r)  +  CF2 / (1+r)^2  +  ....  +  CFn / (1+r)^n   -   Initial Outlay

Where,

  • CF1, CF2, ... represents the cash flows in Year 1, Year 2 and so on.
  • r represents the discount rate

NPV = 660 / (1+0.075)  +  [ -85 / (1+0.075)^2]  -  440

NPV = $100.4002 rounded off to $100.40

8 0
3 years ago
Bruce & Co. expects its EBIT to be $185,000 every year forever. The firm can borrow at 9 percent. Bruce currently has no deb
ivolga24 [154]

Answer:

$751,562.50 and $837,203.125

Explanation:

The formula to compute the value of the firm under the MM proposition approach is shown below:

In first case

= {EBIT × ( 1 - tax rate)} ÷ WACC

= {$185,000 × ( 1 - 0.35)} ÷ 16%

= $120,250 ÷ 16%

= $751,562.50

Since no debt is there which means the firm is unlevered firm and computation is done accordingly.

All other information which is given is not relevant. Hence, ignored it

In second case

= {EBT× ( 1 - tax rate)} ÷ WACC

= {$172,850 × ( 1 - 0.35)} ÷ 16%

= $112,352.50 ÷ 16%

= $702,203.125

EBT = $185,000 - $135,000 × 9%

       = $185,000 - $12,150

       = $172,850

So, the value of firm would be

= $702,203.125 + $135,000

= $837,203.125

5 0
3 years ago
Enrique was given an employment test that measured his desire to work hard and perform well at his job. This is an example of wh
UNO [17]

Answer:

The correct answer is personality.

Explanation:

Questionnaires or personality tests have been designed for the evaluation of an individual's personality. From all the definitions of personality we can conclude that personality is a construct that gives unity to all the psychological manifestations of man. These manifestations can be directly observable or external (body movements) such as indirectly observable or internal (thoughts, emotions, values, etc.).

6 0
3 years ago
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One disadvantage of using a company’s tuition reimbursement program is that _______.
LiRa [457]

One disadvantage of using a company’s tuition reimbursement program is that you may have to extend your contract with the company.

Tuition reimbursement is offered by employers as a way to pay back employees for education expenses. The people who participated still have to pay out of pocket for the courses they take. At the end of the course, the employee can get back some or all of the tuition expenses.

4 0
3 years ago
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