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

Ans: Respondeat superior

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The following information has been provided by Squash Corporation

Direct Labor $6,000 Direct Materials Used 3,000 Raw Materials Purchased 9,000 Cost of Goods Manufactured 13,000 Ending Work-in-Process Inventory 1,400 Corporate Headquarters' Property taxes 900 Manufacturing Overhead Incurred 400 The beginning balance of Work-in-Process Inventory account was ________. A) $4,500 B) $5,000 C) $21,000 D) $9,400

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Which of the following statements refers to liquidated damages?

A) They are damages in excess of compensatory damages that the court awards for the sole purpose of deterring the defendant and others from doing the same act again. B) They are damages awarded to the party that is injured by a breach of contract but cannot establish actual damages. C) They are damages for nonperformance that are stipulated in a clause in the contract. D) They are damages designed to place the non-breaching party in the position that party would have enjoyed had the terms of the contract been performed.

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