14. Daniel is employed by Bob's Boatyard as a collection agent. Daniel was to repossess a...
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14. Daniel is employed by Bob's Boatyard as a collection agent. Daniel was to repossess a boat owned by Anya for missed payments for a dock rental. In fact, Anya was NOT late, but Bob's bookkeeper made an error in entering payments. Daniel repossessed the boat. Why is it that Daniel and Bob's Boatyard are jointly and severally liable? O a. Both parties have an obligation that binds. O b. Daniel is acting as an independent agent. O c. Both parties are economically responsible for the tort. O d. Joint and several liability relieves Daniel from his duty. 14. Daniel is employed by Bob's Boatyard as a collection agent. Daniel was to repossess a boat owned by Anya for missed payments for a dock rental. In fact, Anya was NOT late, but Bob's bookkeeper made an error in entering payments. Daniel repossessed the boat. Why is it that Daniel and Bob's Boatyard are jointly and severally liable? O a. Both parties have an obligation that binds. O b. Daniel is acting as an independent agent. O c. Both parties are economically responsible for the tort. O d. Joint and several liability relieves Daniel from his duty.
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ANSWER B Daniel is acting as an independent agent While independent agents can offer their clients p... View the full answer
Related Book For
The Legal and Regulatory Environment of Business
ISBN: 978-0078023859
17th edition
Authors: Marisa Pagnattaro, Daniel Cahoy, Manning Magid, Lee Reed, Pe
Posted Date:
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