Aiden Performs Services for Lucas

question 143

Multiple Choice

Aiden performs services for Lucas. Which, if any, of the following factors indicate that Aiden is an employee, rather than an independent contractor?

• A) Aiden provides his own support services (e.g., work assistants).
• B) Aiden obtained his training (i.e., job skills) from his father.
• C) Aiden is paid based on hours worked.
• D) Aiden makes his services available to others.
• E) None of the above.

Explore the interplay between emotion and motivation in guiding behavior.

Understand the distinction between bargaining agent and bargaining unit.

Recognize the differences in rights between public and private sector unionized employees.

Comprehend the effectiveness and legality of picketing.

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Definitions:

Profit

The financial gain achieved when the amount of revenue gained from a business activity exceeds the expenses, costs, and taxes needed to sustain the activity.

Game Theory

The study of behavior in situations of interdependence. Used to explain the behavior of an oligopoly.

Dominant Strategies

In game theory, strategies that are best for a player, regardless of the strategies chosen by other players.

Payoff Matrix

In game theory, a diagram that shows how the payoffs to each of the participants in a two-player game depend on the actions of both; a tool in analyzing interdependence.