A corporation is:
A) liable for all torts committed by its retired and ex-employees.
B) liable for all torts committed by its employees while acting within the scope of their employment.
C) liable for all torts committed by its employees under the doctrine of ultra vires.
D) not liable for the torts committed by its employees while acting on the instructions of a high-level manager.
Correct Answer:
Verified
Q36: The _ binds the corporation on receipts,
Q37: The vice president of a corporation:
A) cannot
Q38: A _ authorizes any corporation to adopt
Q39: The _ usually keeps the minutes of
Q40: A law that holds that directors will
Q42: A director who has acted in bad
Q43: With regard to the duty of directors
Q44: What are the three elements that must
Q45: In cases where an officer or director
Q46: Discuss whether a corporation may indemnify a
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