In agency law the term ‘independent contractor' is referred to as what?
A. Nonemployee Agent
B. Employee
C. Incorporator
D. Organizer
An independent contractor is contracted to perform work or provide services to another entity as a non-employee. As a result, independent contractors must pay their own Social Security and Medicare taxes. The payer must correctly classify each payee as either an independent contractor or an employee. Unlike an employee, an independent contractor does not work regularly for an employer but works as and when required, during which time he or she may be subject to law of agency. Independent contractors are usually paid on a freelance basis. Contractors often work through a limited company or franchise, which they themselves own, or may work through an umbrella company.
Therefore , correct answer to the question will be “A. Non employee agent”
ANSWER : A ) NON EMPLOYEE AGENT |
Get Answers For Free
Most questions answered within 1 hours.