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vicarious liability

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › vicarious liability

  • This topic has 1 reply, 2 voices, and was last updated 8 years ago by MikeLittle.
Viewing 2 posts - 1 through 2 (of 2 total)
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  • June 21, 2017 at 11:14 am #393687
    iloveaccountancy
    Member
    • Topics: 119
    • Replies: 111
    • ☆☆☆

    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?

    June 21, 2017 at 4:54 pm #393745
    MikeLittle
    Keymaster
    • Topics: 27
    • Replies: 23327
    • ☆☆☆☆☆

    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?

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