BULE 303 Test 4 Questions And Answers Rated 100% Correct
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Course
BULE 303
Institution
BULE 303
What type of business uses permalancers? Benefits? - ️️Small businesses may try
to keep workers and independent contractors, because agents (employees) are
liabilities to businesses
What are exceptions to employment at will? - ️️Wrongful discharge (termination in
violation of contract o...
BULE 303 Test 4
What type of business uses permalancers? Benefits? - ✔️✔️Small businesses may try
to keep workers and independent contractors, because agents (employees) are
liabilities to businesses
What are exceptions to employment at will? - ✔️✔️Wrongful discharge (termination in
violation of contract or employment statute), contract or implied contracts,
whistleblowers,
Agen Independent Contractor - ✔️✔️Person who contracts with another to do
something for him/her, but who is not controlled by the other nor subject to the other's
right to control his physical conduct when doing the job, they cant be an agent
cy, there are two parties: - ✔️✔️Agent, and principal
Agent - ✔️✔️Represents/acts for another party
Principal - ✔️✔️Has an agent represent for him/herself
Fiduciary - ✔️✔️A relationship of trust, each party owes the other the duty to act with
the utmost good faith
Salesperson - ✔️✔️Is the agent of the store's owner and acts on the owner's behalf
(the owner is the principal)
Employee - ✔️✔️Employee is an agent of the store, laws that apply to employees -->
employment laws
How do courts determine employee status? - ✔️✔️Go through rules and questions
regarding employee or independent contractor status, IRS uses same questions and
rules
Permalancers - ✔️✔️Independent contractors that are working for businesses longer
term
How are agency relationships created? - ✔️✔️Agreement between parties, like a lawn
care service would be given after agreement between lawn care company and the
owner of the lawn
Duties - ✔️✔️Once relationship between principal and agent is created, both parties
have duties to one another.
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