According to the tort doctrine of <u>respondeat superior</u> , any time an employee is liable for tortious acts in the scope of employment,
<h3>What is tortious acts?</h3>
Tortious acts is an act that occur when a person is harm as a result of another action which inturn lead to legal liability for the person who committed the act.
Hence, Respondeat superior stated that an when an employee is liable for committing tortious acts the employer is as well liable for the same act.
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To measure the trends of the market area, the appraiser must ask questions about supply and demand.
In economics, the relationship between the quantity of a good or service that producers want to sell at different prices and the quantity that consumers want to buy is known as supply and demand.
It serves as the primary model for determining prices in economic theory. The interaction of supply and demand in a market determines the price of a good.
The final price is known as the equilibrium price and signifies a compromise between the good's producers and customers. When a market is in equilibrium, the amount of a good that producers supply and consumers desire are equal.
The price mechanism in a free market equalizes supply and demand. If consumers want to buy more of a product than is offered at the current price, they will tend to bid the price up.
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Answer:
A measurement of her work value to the company
Explanation:
For every hour Maria works, she earns $15. The company values her output at a rate of $15 per hour. The more hours she puts in, the higher her pay will be.
Maria is compensated under the time wage system. Under this systems, the output and quality of an employee's work do not count for much. The time spent in the workplace is what is considered most in remuneration.
The businessman must have established a system of capturing the hours' Maria worked. The hours worked multiplied by the valuation of $ 15 per hour resulted in $600 pay for the week.
Answer:
Limited liability means the business owners' liability for debts is restricted to the amount they put into the business. With unlimited liability, the business owner is personally responsible for any loss the business makes.
Explanation:
