It Is Important to Distinguish Between Employees and Independent Contractors,because

question 38

Multiple Choice

It is important to distinguish between employees and independent contractors,because employees usually cannot sue their employers for ___________,whereas independent contractors can sue the person with whom they made the contract.

• A) personnel training
• B) predestinated injuries
• C) on-the-job injuries
• D) patented knowledge

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Definitions:

Asset

Resources owned or controlled by a business, expected to provide future economic benefits.

Double-Declining-Balance

A method of accelerated depreciation that doubles the normal depreciation rate, allowing more depreciation in the earlier years of an asset’s life.

Depreciation Expense

The portion of an asset's cost allocated over its useful life to account for its decline in value over time.

Useful Life

The duration over which an asset is expected to be economically viable and useful to the owner.