This topic contains a solution. Click here to go to the answer

Author Question: Jack works as a financial planning consultant for Adco Ltd., a company that provides financial ... (Read 73 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
Jack works as a financial planning consultant for Adco Ltd., a company that provides financial advice to its clients. At a three-martini lunch with Benson, one of Adco's clients, and Carson, a friend of Benson, Jack mistakenly advised Benson to buy shares of Moose Jaw Mining because he thought that Adco had investigated the prospects of the company. In fact, Adco had investigated Goose Jaw Mining and was recommending it to its clients. As it turned out, Benson ignored Jack's advice but Carson bought a lot of Moose Jaw shares and lost all of his money when the mining operation went broke. Which one of the following statements accurately describes Carson's legal situation?
◦ Jack cannot be held responsible for Carson's loss because someone who is incapacitated at all by alcohol cannot be held liable in tort for actions while incapacitated.
◦ Jack can be held liable only if Carson can establish that Jack owed him a duty to be careful.
◦ Carson will have to sue Benson and then Benson can turn around and sue Jack under the principles of vicarious liability.
◦ Because there was no contractual connection between Carson and anyone else, he has no legal right to compensation.
◦ Jack cannot be held liable for Carson's loss, but Adco can be because it employed Jack.


Related Topics

Need homework help now?

Ask unlimited questions for free

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

zhanghao

  • Sr. Member
  • ****
  • Posts: 316
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 30% of students answer this correctly




codyclark

  • Member
  • Posts: 538
Reply 2 on: Aug 7, 2021
YES! Correct, THANKS for helping me on my review


ecabral0

  • Member
  • Posts: 310
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

More than 2,500 barbiturates have been synthesized. At the height of their popularity, about 50 were marketed for human use.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library