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After a troublesome time with a new manager, an employee who had always had highly positive reviews returned from vacation to find that her desk had been cleared out, all of her belongings were in boxes, and her office was being used for storage. While she was on vacation, her new supervisor had called, asking where certain documents were located. When he found the employee's answer unsatisfactory, the supervisor said, "Well, this is the last straw." What is the best assessment of this situation?
FICA
Stands for Federal Insurance Contributions Act, specific U.S. legislation that funds Social Security and Medicare through payroll taxes.
Seller Bears
Refers to situations where the seller is responsible for any additional costs or risks associated with a transaction.
FICA Tax
A U.S. federal payroll tax that funds Social Security and Medicare, contributions are made by both employees and employers.
Burden Falls
An economic term referring to how the costs or economic burdens of a policy, tax, or regulation are distributed among various stakeholders.
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