G.P.S. Savings Analysis Calculator |
Respondeat superior (rehs-pond-dee-at superior) n. Latin for "let the master answer," a key doctrine in the law of agency, which provides that a principal (employer) is responsible for the actions of his/her/its agent (employee) in the "course of employment." Thus, an agent who signs an agreement to purchase goods for his employer in the name of the employer can create a binding contract between the seller and the employer. Another example: if a delivery truck driver negligently hits a child in the street, the company for which the driver works will be liable for the injuries. Enter values in the fields with the red type...the rest of the blanks will be filled in automatically. If you change any of the data you initially entered to try different scenarios, please click on the "Update Figures" button at the bottom to ensure all of the data gets updated.
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