A promoter may limit his potential liability by including a provision that makes the corporation assume liability ____________. If the contract does not make this clear, the promoter's personal liability continues.

Fill in the blank(s) with the appropriate word(s).

Ans: once formed

Business

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The doctrine under which employers are liable for torts committed by employees while they are acting within the scope of their employment is __________.

Fill in the blank(s) with correct word

Business

The period of time a new employee has to wait before she may enroll in a group life insurance plan is called

A) an enrollment period B) a probationary period C) a discrimination period D) an elimination period

Business