This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Kent incorporated Dynamite Data Ltd., which worked with small businesses in developing graphs and ... (Read 71 times)

bobbysung

  • Hero Member
  • *****
  • Posts: 519
on: Aug 7, 2021
Kent incorporated Dynamite Data Ltd., which worked with small businesses in developing graphs and charts from their data for presentations to bankers, shareholders, etc. Kent loaned the company $25 000 by way of a shareholder's loan and took as security computers, plotters, and printers under a chattel mortgage document. An employee of the corporation, Jack, while delivering some graphs to a customer, Roth, got into an argument with Roth, who complained that the graph was in red and not in pink as requested. It ended with Jack punching Roth, who fell onto a microscopic camera. The damage to Roth's nose and the camera totalled $35 000. Which of the following is true?
◦ The corporation is not liable for the damage caused by the action of its employee, Jack.
◦ Kent is liable for the damage to Roth and the camera if neither Jack nor the employer/corporation has sufficient funds.
◦ If the corporation went bankrupt but owed creditors (other than Roth), Kent would be in a worse position than unsecured creditors to collect proceeds realized from the sale of the corporation's assets.
◦ Roth's action against Jack is for the tort of assault.
◦ Even if Kent, the only shareholder, died, the corporation would not die and would still owe its outstanding debts.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by bobbysung on Aug 7, 2021

ndhahbi

  • Sr. Member
  • ****
  • Posts: 390
Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 26% of students answer this correctly


bobbysung

  • Member
  • Posts: 519
Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

chjcharjto14

  • Member
  • Posts: 342
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

The B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Actions of regulatory transcription factors and small effector molecules Actions of regulatory transcription factors and small effector molecules
The Green Pygmy Goose (Nettapus pulchellus) is a small perching duck which breeds in southern New Gu The Green Pygmy Goose (Nettapus pulchellus) is a small perching duck which breeds in southern New Gu
The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W The cotton-top tamarin (Saguinus oedipus), also known as the Pinche tamarin, is a small New W
GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp GI endoscopy. (a) Similar to other forms of GI endoscopy, laparoscopy involves the insertion of a sp
Jane Addams (1860–1935), a recipient of the Nobel Prize for Peace, worked on behalf of poor ... Jane Addams (1860–1935), a recipient of the Nobel Prize for Peace, worked on behalf of poor ...
A cutaway of a small block Chevrolet V-8 showing the passage from the cylinder head through the ... A cutaway of a small block Chevrolet V-8 showing the passage from the cylinder head through the ...
Video: Eczema

For a complete list of videos, visit our video library