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Under which of the following situations may an employer be held legally responsible for the negligent or intentional torts (criminal actions) of its employee? IG,
Under which of the following situations may an employer be held legally responsible for the negligent or intentional torts (criminal actions) of its employee?
- IG, a Swiss brokerage firm, is sued by a Singapore businessman claiming misleading advice by one of its brokers cost him 32.22 million in losses on currency options. IG claims it had no knowledge of the transactions nor any reason to suspect its broker was negligent. Is IG relieved of liability on that basis? ANSWER: Yes / No
- Suit against Goldman Sachs is brought the Government of Malaysia for a fraud and money laundering scheme by Goldman agents in dealings with Malaysian state development fund. Can Goldman Sachs defend the action on the basis that its agents were not authorized to use criminal means to conduct the dealings? ANSWER: Yes / No
- BER EATS in Geneva is sued when one of its delivery drivers injures a pedestrian when leaving his route to visit his mother. Is UBER EATS liable? ANSWER: Yes / No REASON:
- A school hires a security guard without checking his background or requiring any references. When several students get rowdy, the guard uses his gun to threaten them, which discharges and severely injures two students. Is the school liable for the injuries caused by the guard's actions? ANSWER: Yes / No, REASON:
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