Which of the Following Entitlements Are Employees but Not Independent

question 66

Multiple Choice

Which of the following entitlements are employees but not independent contractors provided for by statute?

• A)reasonable notice of termination
• B)severance pay
• C)overtime pay
• D)vacation pay
• E)human rights laws

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Definitions:

Prices

The amount of money required to purchase a good or service, often determined by supply and demand dynamics.

Consumer Sovereignty

The determination by consumers of the types and quantities of goods and services that will be produced with the scarce resources of the economy; consumers’ direction of production through their dollar votes.

Legislation

Laws or legal statutes passed by a legislative body, governing body, or the process of enacting laws.

Market System

An economic system in which decisions regarding investment, production, and distribution are guided by the price signals created by the forces of supply and demand.