All of the Following Are Considered to Be Instrumentalities of Transportation

question 26

Multiple Choice

All of the following are considered to be instrumentalities of transportation and communication for purposes of inland marine insurance EXCEPT

• A)trains.
• B)tunnels.
• C)transmission lines.
• D)television towers.

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Definitions:

Employee Earnings

The total compensation an employee receives, including wages, salaries, bonuses, and other forms of payment, before any deductions.

W-3 Form

An IRS tax form used in the United States to transmit a summary of all W-2 forms issued by an employer to the Social Security Administration.

FICA-OASDI

The portion of Social Security tax collected under the Federal Insurance Contributions Act, dedicated to funding the Old Age, Survivors, and Disability Insurance program.

Employees' Contribution

The portion of earnings that workers contribute to designated plans, such as retirement savings or health insurance.