An Independent Contractor

question 409

Multiple Choice

An independent contractor:

• A) by law may not serve as an agent for the same employer
• B) is not liable for torts committed in the course of employment
• C) may not make contracts on behalf of an employer
• D) may not work more than one month in any year for one employer
• E) none of the other choices

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Definitions:

Depositors

Individuals or entities who place their money in a bank for safekeeping and earn interest over time.

Gramm-Leach-Bliley Act

A U.S. federal law enacted in 1999 that allows financial institutions to offer a broader range of services, including banking, securities, and insurance.