Social Security and Medicare Tax

question 52

Multiple Choice

Social Security and Medicare tax:

• A)Have different rates
• B)Are paid only by employees
• C)Are based on the number of dependents not claimed
• D)Are paid by only the employer
• E)None of these

---

Definitions:

Early Neutral

An early intervention in legal disputes where a neutral party attempts to facilitate a resolution before the case progresses to more formal proceedings.

Nonbinding Arbitration

A type of arbitration in which the arbitrator's decision is not legally enforceable, allowing the parties to seek a trial if dissatisfied with the outcome.

Binding Arbitration

An arbitration agreement where the decision made by the arbitration panel is final and legally binding on all parties.

Court

A governmental institution authorized to resolve legal disputes between parties and administer justice in legal cases.