Employment Insurance Is Withheld from Wages Earned, with the Withholding

question 25

True/False

Employment Insurance is withheld from wages earned, with the withholding to stop in2015 as soon as the employee has earned $4,500.

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Definitions:

Writing

The act or process of creating text or symbols on a surface, typically used to communicate or record information.

Seal

A formal mode of expressing the intention to be bound by a written promise or agreement. This expression usually takes the form of signing or affixing a wax or gummed paper wafer beside the signature, or making an engraved impression on the document itself.

Privity of Estate

A legal concept that refers to the relationship between parties whose interests in a piece of property are intertwined.

Privity of Contract

A principle stating that only parties to a contract have the right to sue or be sued under the terms of the contract.