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.
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Business Intelligence, Analytics, and Data Science: A Managerial Perspective, 4th Edition
Data management questions
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