Which of the Following Would NOT Be Considered a Contingent

question 95

Multiple Choice

Which of the following would NOT be considered a contingent worker?

• A) temporary worker
• B) part-time employee
• C) nonexempt employee
• D) independent contractor

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Definitions:

Net Proceeds

The total amount of money received from a sale or transaction, after all expenses and costs have been subtracted.

2% Commission

A fee paid to a salesperson, broker, or agent, equivalent to 2% of the sales amount or transaction value.

Closing Price

The final price at which a security is traded on a given trading day, representing the most up-to-date valuation of the security until trading resumes.

Trading Day

Refers to a day on which the stock exchanges are open for trading.