Which of the following is an accurate statement regarding independent contractor agreements?

a. they will usually be treated as indicators of independent contractor status, provided that they are signed and notarized
b. they are useless as indicators of independent contractor status
c. they can be renewed automatically and as often as necessary
d. they can support a claim to independent contractor status, but the actual relationship is the most important factor
e. a and c


D

Business

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The third level of relationship in a business friendship is:

A. joint venture. B. companionship. C. strategic alliance. D. intimate friendship. E. reciprocal alliance.

Business

Zennia Company provides its employees with varying amount of vacation per year, depending on the length of employment. The estimated amount of the current year's vacation cost is $165,000. The journal entry to record the adjusting entry required on December 31, the end of the current year, to record the current month's accrued vacation pay is

A) $165,000 B) $82,500 C) $0 D) $13,750

Business

Andrew owns a popular but expensive Chinese restaurant. In order to introduce more people to his brand, he offers a series of one-time “taste fairs” in which he brings his recipes to a locally sponsored event. Customers are able to pay modest amounts for small servings of his creations while not paying for the ambiance of the famous restaurant. What need is Andrew addressing?

a. the restaurant’s lack of customers b. customers’ lack of money c. the owner’s lack of infrastructure d. the customers’ lack of access

Business

The United States Declaration of Independence is grounded in natural law

Indicate whether the statement is true or false

Business