Gold Star Investment Inc is in the business of providing financial advice to clients.Alan, who is the company's managing director, hires all of the company's staff.Unfortunately, he tends to hire not on the basis of formal qualifications, but rather on the basis of physical beauty.Consequently, among Gold Star's staff are Brad and Angie, a pair of exceptionally attractive, but dull-witted, financial advisors.When Jennifer retained Gold Star to provide investment advice, her file was assigned to Brad and Angie.Through incompetence and negligence, the pair managed to lose virtually all of Jennifer's money on bad investments within a very short time.If Gold Star is held vicariously liable,

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Vicarious liability means that an employer (Gold Star Investment Inc) can be held responsible for the negligent actions of its employees (Brad and Angie) if those actions were carried out in the course of their employment. If Gold Star is found vicariously liable for the actions of Brad and Angie, it means the company is responsible for the damages caused by its employees. However, the company may have the right to seek indemnity or contribution from Brad and Angie for the losses it compensated to Jennifer, depending on the legal principles applicable in the jurisdiction. This does not eliminate the possibility of direct action against the employees, but in the context of vicarious liability, the primary legal responsibility lies with the employer.

Gold Star Investment Inc Is in the Business of Providing