An independent contractor is by definition an employee

Assignment Help Business Management

Reference no: EM133935362

Questions

1. An independent contractor is, by definition, an employee. (True/False)

2. Under the principles of agency law, any sale of goods by a salesperson in a store to a customer can be binding on the owner of the store. (True/False)

3. A principal can ratify an agent's unauthorized acts in part or in whole. (True/False)

4. Actual authority in an agency relationship arises from what a principal makes clear to a third party. (True/False)

5. When an agent, acting within the scope of his or her authority, contracts with a third party, a disclosed principal is liable to the third party. (True/False)

6. A truck driver who drives a company truck on a regular basis is most likely an employee.

7. A principal may be liable for an agent's or an employee's tort, with the exception of negligence, which is an unintentional tort for which the agent or employee is vicariously liable. (True/False)

8. Both parties to an agency relationship have the power and the right to terminate the relationship at any time. (True/False)

9. A principal must reimburse an agent for reasonable expenses incurred during the performance of the agent's duties. (True/False)

10. When an agent's acts create the appearance of an agency that does not in fact exist, the principal is estopped to deny the agency relationship. (True/False)

Reference no: EM133935362

Questions Cloud

Why do you think cross-examination : Why do you think cross-examination is right as opposed to a good thing? What kind of judicial system would not allow cross-examination of witnesses as matter

What duties do directors and officers owe to a corporation : What duties do directors and officers owe to a corporation and its shareholders? How might those duties have been breached here? Discuss.

What rights does the registration of corporate name give : Are there any problems with the names that Charles is considering for his corporation? Explain. What rights does the registration of a corporate name give.

How are wage rates determined : How are wage rates determined and should all people be paid equally?

An independent contractor is by definition an employee : An independent contractor is, by definition, an employee. A truck driver who drives a company truck on a regular basis is most likely an employee.

Fee splitting and patient brokering in health care : There are a number of state and federal laws which regulate kickbacks, self-referrals, fee splitting and patient brokering in health care.

Attorney wants to set up medical examination of plaintiff : Your attorney wants to set up a medical examination of the plaintiff. Dr. Marvin Macy, an orthopedist, has agreed to conduct the examination.

What is the duty of bank to pay depositors check : What are the three obligations of the maker of a promissory note? What is the duty of a bank to pay a depositor's check?

New business and investment initiative : Ali is excited to buy a commercial property to start up his new business and investment initiative.

User Account

All Pages