BUS 312 Lecture Notes - Lecture 3: Vicarious Liability, Insider Trading

• School: Simon Fraser University
• Department: Business Administration
• Course: BUS 312
• Professor: George W. Blazenko

Document Summary

Bus relationships: many relationships in bus exist. Are you an employee: relationship based on contract. Important to determine if employment relationship exists: vicarious liability, termination, duties, statutes provides def"n of employment, employment standards act, workers compensation act, emp. Insur: control test, employees work under direction of employers, contractors work for themselves (control own actions and hrs, org test. If someone is essential part of org, they are an employee: contractors work independent from org. To employees: safe work envir, direction, wages, tools ( if necessary , expense rem=imbursement, other items in contract, employees have obl. to employers, competent, skills claimed, honest, loyal, punctual, performs work agreed. Vicarious liability: when employee conducts wrongful act (closely related to job), employer is liable (employee may be as well , employer often has resources ($, ex. Alex works for safeway and delivers groceries to cx who orders online.