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Vicarious liability is a form of a strict, secondary liability that arises under the common law doctrine of agency, respondeat superior, the responsibility of the superior for the acts of their subordinate or, in a broader sense, the responsibility of any third party that had the "right, ability or duty to control" the activities of a violator. It can be distinguished from contributory liability, another form of secondary liability, which is rooted in the tort theory of enterprise liability because, unlike contributory infringement, knowledge is not an element of vicarious liability
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Is Creditors an asset or liability?
Current Liability
How is a liability increased by a credit or debit?
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
3 When is a liability classified as a current liability ad as a noncurrent liability?
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
Is liability for withholding taxes a current or non current liability?
current liability
Is Demand loan a current liability or a long term liability?
a current liability
Pan-carious cancer in dogs?
Perhaps you mean "pancreas" cancer?
What is weight lighting?
Manually lifting weights of carious weights and styles to build your muscles up.
What is carious exposure?
Carious exposure refers to the situation where tooth decay has broken through the enamel layer of a tooth, exposing the inner dentin layer to the oral environment. This can lead to sensitivity and potentially cause further damage if not treated promptly with restorative dental treatment.
Is ozone a point source pollutant?
Ozone is yes a pollutant at ground level. It causes carious respiratory problems.
What is an strategic liability?
A strategic liability is a liability that is strategic.
Is Creditors an asset or liability?
Current Liability
Significance of financial management in present day context?
With study of financial management, we can protect our business from pre-carious mis-management of money.
What is net liability?
Asset - Liability = Net Asset / Liability * Net Asset - When Asset is more than Liability * Net Liability - When Liability is more than Asset
How is a liability increased by a credit or debit?
Liability has credit balance as normal balance so credit increases the liability which means addition to current liability will increase the overall liability and reduction in liability will reduce overall liability.
What is public liability insurance and how is it different from general liability insurance?
General liability covers Public and Producs Liability, therefore by having General Liability cover, public liability is covered also.
Is a cheque account an asset or liability?
It comes under liability
3 When is a liability classified as a current liability ad as a noncurrent liability?
When liability is payable within one fiscal year then it is current liability while one liability is payable within more than one period then Is non-current liability.
