Under which circumstance will a principal not be responsible for the tort of the agent?
A) If the tort is an unintentional tort
B) If the tort was committed outside the scope of the agency arrangement
C) If the agency agreement between the agent and principal says that the principal will not
be responsible for the agent's torts
D) If the agent was violating the instructions of the principal in committing the tort
B
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Electron borrowed $15,000 cash from TechCom by signing a promissory note. TechCom's entry to record the transaction should include a:
a. Debit to Notes Receivable for $15,000. b. Debit to Accounts Receivable for $15,000. c. Credit to Notes Receivable for $15,000. d. Debit Notes Payable for $15,000. e. Credit to Cash for $15,000.
Which of the following is NOT an operational challenge for global virtual teams?
A) organizational objectives B) geographic dispersal C) culture differences D) technology