Which of the following factor(s) is/are considered by courts in determining whether an act committed by an employee occurred within the course and scope of employment? O Whether the employer knew that the act would involve the commission of a serious crime. O Whether the employer authorized the employee's act and whether the employer provided the tools by which the act occurred, but not whether the employer knew that the act would involve the commission of a serious crime. O Whether the employer provided the tools by which the act occurred. O Whether the employer authorized the employee's act. O Whether the employer authorized the employee's act, whether the employer provided the tools by which the act occurred, and whether the employer knew that the act would involve the commission of a serious crime.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Which of the following factor(s) is/are considered by courts in
determining whether an act committed by an employee occurred
within the course and scope of employment?
Whether the employer knew that the act would involve the commission of a
serious crime.
O Whether the employer authorized the employee's act and whether the
employer provided the tools by which the act occurred, but not whether the
employer knew that the act would involve the commission of a serious
crime.
Whether the employer provided the tools by which the act occurred.
O Whether the employer authorized the employee's act.
Whether the employer authorized the employee's act, whether the
employer provided the tools by which the act occurred, and whether the
employer knew that the act would involve the commission of a serious
crime.
Transcribed Image Text:Which of the following factor(s) is/are considered by courts in determining whether an act committed by an employee occurred within the course and scope of employment? Whether the employer knew that the act would involve the commission of a serious crime. O Whether the employer authorized the employee's act and whether the employer provided the tools by which the act occurred, but not whether the employer knew that the act would involve the commission of a serious crime. Whether the employer provided the tools by which the act occurred. O Whether the employer authorized the employee's act. Whether the employer authorized the employee's act, whether the employer provided the tools by which the act occurred, and whether the employer knew that the act would involve the commission of a serious crime.
Which of the following is a false statement regarding a partnership?
O It is easy to create.
O Each partner is considered an agent of the partnership.
Income of the business is personal income.
In most cases, partners do not have personal liability for losses.
Business losses can be deducted from taxes.
Transcribed Image Text:Which of the following is a false statement regarding a partnership? O It is easy to create. O Each partner is considered an agent of the partnership. Income of the business is personal income. In most cases, partners do not have personal liability for losses. Business losses can be deducted from taxes.
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