Which of the Following Is True of an Independent Contractor's

question 83

Multiple Choice

Which of the following is true of an independent contractor's liability?

• A) The agent is liable for torts committed by an independent contractor.
• B) The contractor is personally liable for all his or her torts.
• C) The principal is liable for the independent contractor's torts.
• D) Both the principal and the independent contractor are liable for the contractor's torts.

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Definitions:

Marginal Benefit

The additional satisfaction or utility received by consuming one more unit of a good or service.

Additional Slice

A term that can refer to an extra serving or portion of a good or product beyond what is normally consumed.

Marginal Benefits

The additional satisfaction or utility that a person gains from consuming an additional unit of a good or service.

Marginal Costs

The cost added by producing one additional unit of a product or service.