Respondeat Superior refers to the vicarious liability of aprincipal for the acts of its agent performed within the scope ofthe agent's employment.

TRUE OF FALSE

TRUE or FALSE 1. Respondeat Superior refers to the vicarious liability of a principal for the acts of its agent performed within the scope of the agent's employment. 2. Master-Servant refers to the relationship between an attorney and her client. 3. Communications between a client and his accountant are confidential and privileged. 4. Attorney-client communications are subject to discovery in civil cases. 5. All members of a limited liability company must be disclosed in filings with the Secretary of State's office. 6. Corporations are not income pass-through entities unless they are established as Subchapter S corporations. 7. The distributed profits of a Limited Liability Company are taxed twice - once to the company and again to the individual owners. 8. Sole proprietors have protection from liability only to the extent that they are covered by insurance and do not therefor have automatic legal protection. 9. Partners owe a fiduciary duty to third parties. 10. Suits against partnerships must name all partners as defendants. 11. If an individual has no actual authority to bind another she may nonetheless have apparent authority. 12. A Limited Liability Partner has no legal exposure of his personal assets beyond his investment in the LLP. 13. The corporate veil refers to secrecy. 14. Corporations can sue and be sued.