Dependent Contract Provisions in the Labour Relations Legislation of Some

question 15

Multiple Choice

Dependent contract provisions in the labour relations legislation of some jurisdictions provides that:

• A) independent contractors can unionize
• B) the definition of an employee is broadened to include dependent contractors
• C) individuals who use their own tools can unionize
• D) individuals who are economically independent of their employer can unionize
• E) part-time employees can unionize

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Definitions:

Salvage Value

The forecasted price an asset will fetch at the time of sale once its period of usefulness is over.

Depreciation Expense

The allocation of the cost of an asset over its useful life to account for declines in value over time.

Double-declining-balance

An accelerated depreciation method that doubles the normal depreciation rate.

Salvage Value

The estimated residual value of an asset at the end of its useful life, representing what it could potentially be sold for or scrapped.