Which of the Following Is Most Likely to Be Classed

question 60

Multiple Choice

Which of the following is most likely to be classed as an independent contractor rather than an employee?

• A)An assembly line worker
• B)A lawyer who works as in-house counsel for a corporation
• C)A franchisee of a fast-food chain
• D)The president of a corporation

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Definitions:

Money Market Fund

A type of mutual fund that invests in short-term, high-quality debt securities, offering investors liquidity and a low risk of loss.

Transfer Payments

Payments made by governments to individuals without any corresponding service or good being provided in return.

Property Income

Income earned from the ownership of assets like land, real estate, or stocks, often taking the form of rent, dividends, or interest.

Transfer Payments

Payments made by the government to individuals or organizations without requiring the recipient to provide goods or services in return, such as welfare or subsidies.