Abdul Worked for Primus Finance Co

question 40

Multiple Choice

Abdul worked for Primus Finance Co.Following a series of disastrous losses, several of the company's customers have sued Abdul in tort.Because Abdul has relatively little money, however, those customers also want to sue Primus Finance.Primus Finance denies vicarious liability by arguing that Abdul was an independent contractor rather than an employee.A court is more likely to decide that Abdul was an independent contractor if

• A)Abdul decided for himself when, where, and how he would provide services to Primus Finance.
• B)in order to perform his work, Abdul used an office and computer system that belonged to Primus Finance.
• C)the customers who are suing protected themselves against losses through insurance policies.
• D)Abdul committed his torts against the company's clients deliberately rather than carelessly.
• E)Abdul was paid a consistent amount by Primus Finance every two weeks.

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Definitions:

Internally Generated Goodwill

The increase in value of a business due to factors like reputation, brand, customer base, and relationships that are developed internally over time and not acquired or purchased.

Intangible Asset

An asset that lacks physical substance and usually represents legal rights or competitive advantages (e.g., patents, trademarks, copyrights).

Office Building

A structure designed for the operations of businesses, providing workspaces and offices for use by employees and management.

Patent Amortization

The gradual expense recognition of the cost of a patent over its useful life, reflecting the consumption of the patent's economic benefits.