Question

Beth and connie do business as diamond investments. in acting on the firm's behalf, beth makes an honest error in overestimating the value of a particular stock purchase. to her firm, beth is

Answer 1

Not liable is the correct answer.

Step-by-step explanation:

In laws, the term liable is used to describe someone who "is responsible or answerable in law, legally obligated;" so in this case, not liable means the opposite. Since Beth's actions were not intended to harm or hurt anyone, it is considered as not liable and this is the correct answer.

Answer 2

In the scenario in which, Beth and Connie who do business as diamond investments and in acting on the firm's behalf, Beth makes an honest error in overestimating the value of a particular stock purchase to her firm, Beth is not liable. The term liability denotes the company's legal financial debts or obligations that arise during the course of business operations.