Which of the Following Acts Levies a Tax on Employers

question 71

Multiple Choice

Which of the following acts levies a tax on employers and employees that is credited to the Federal Old-Age and Survivors' Trust Fund and the Federal Disability Insurance Trust Fund?

• A) Federal Income Tax Act
• B) Federal Insurance Contributions Act
• C) Fair Labor Standards Act
• D) Federal Unemployment Tax Act
• E) Employee Retirement Income Security Act

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Definitions:

Non Est Factum

A legal defense claiming a signed agreement is invalid because the signer was unaware of its true nature due to a mistake or misrepresentation.

Assignee

A person to whom rights or property is legally transferred.

Non Est Factum

Non est factum is a legal defense in contract law that asserts a signed agreement is void because the signer was mistaken about its nature and character.

Negligence

A failure to act with the care that a reasonably prudent person would exercise under the same circumstances, often leading to liability for resulting damages.