Matching -A Test Focusing Upon Whether a Worker Is Dependent Upon

question 15

Multiple Choice

Matching
-A test focusing upon whether a worker is dependent upon the business for which he or she is
working.

• A)ratification
• B)principal
• C)estoppel
• D)employee
• E)respondeat superior
• F)economic realities
• G)temporary employees
• H)negligent hiring
• I)independent contractor
• J)joint employment

---

Definitions:

Authorized Shares

The maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Balance Sheet

A financial statement that summarizes a company's assets, liabilities, and stockholders' equity at a specific point in time.

Stock Split

An action by a company to divide its existing shares into multiple shares to boost the liquidity of the shares, though the overall value of the shares remains the same.

Retained Earnings

Cumulative earnings of a company that are not distributed to the owners and are reinvested in the business.