Answer:
The employer will be held liable.
Explanation:
If the external agent brings harm or injury to a third party in the course of an employment, the employer is held liable. When a principal directs an agent to commit for a tort or if the principal is aware of the consequences of carrying the instructions of the agent could cause harm or injure the person, then the principal is liable.
It is called direct liability.
The liability for the intentional tort which is imputed to the principal when the agent acts to further the business of the principal.
The agent is personally liable under the following circumstances :
- Foreign principal
- Agent signs the contract in his own name
- Non-existent principal
- Principal cannot be sued:
- Undisclosed principal
Example :
A credit card company hires a sales person and offers a company van to make sales in that area. The sales person uses the office van to official purposes. But one night, he drove the car to a friend's party and while coming he drove over a pedestrian. In this case, the owner of the company will not be held liable as the sales person uses the company van for his personal use while going out for party with his friends. While causing the accident, the sales person was not not using the office van for official purposes and was not tendering official duties at that time.
Answer:
2. False
Explanation:
Relationship management is considered an important part of CRM (customer relationship management) and it emphasizes on building and increasing customer loyalty and long term commitment.
If this company was to replace their traditional marketing approach with relationship marketing, they would devote more time to build a solid relationship with existing customers and less time searching for new customers.
With homemade leverage, an investor is able to replicate a corporation's capital structure by borrowing funds and using those funds along with her own money to buy the company's stock. This is further explained below.
<h3>What is homemade leverage?</h3>
Generally, When an investment in a firm that does not use leverage is converted into the impact that leverage has on investment by using personal borrowing, this is an example of homemade leverage.
In conclusion, By utilizing borrowed money plus her own finances to acquire shares in a firm, an investor might "do her own leverage," or mimic the capital structure of a publicly traded company.
Read more about homemade leverage
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Answer:
The geometric average return for this stock was <u>8.64%</u>.
Explanation:
Geometric average return refers to the return which will result in the correct compounded dollars at the end of the time period.
Geometric average return can be computed using the following formula:
Geometric average return = {[(1 + r1)(1 + r2) ... (1 + rn)]^(1/n)} - 1 ......... (1)
Where r is returns from year 1 to year n.
For the stock in the question, we have:
r1 = 9.62%, 0.0962
r2 = -14.65%, or -0.1465
r3 = 19.85%, or 0.1985
r4 = 25.35%, or 0.2535
r5 = 7.65%, or 0.0765
n = 5
Substituting the values into equation (1), we have:
Geometric average return = {[(1 + 0.0962)(1 - 0.1465)(1 + 0.1985)(1 + 0.2535)(1 + 0.0765)]^(1/5)} - 1
Geometric average return = {1.51310732605096^0.20} - 1
Geometric average return = 0.0864, or 8.64%
Therefore, the geometric average return for this stock was <u>8.64%</u>.
