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Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › vicarious liability
Hi Mike. Sorry for the number of question today, I will try and make this the last one.
from the notes:
“vicarious liability may exist whereby the principal of an agent or indeed any third party not a principal of an agent, may be held to be vicariously liable for the acts of their agent of some other third party”
Could you expand a bit on this part: “or indeed any third party not a principal of an agent”. This just seems too broad. Could this be understood in a more specifically applicable way?
It doesn’t have to be a ‘regular’ agent / principal relationship for a person to be vicariously liable for an other person’s faults
In other words, there is no need for any agent / principal formalities to be satisfied in order that the ‘principal’ should be liable for the ‘agent’s’ actions
OK?