Whistle-Blowers Refer to

question 22

Multiple Choice

Whistle-blowers refer to

• A) employees who are simultaneously employed by competing firms and who trade company secrets.
• B) employees who blackmail or extort money from their employers.
• C) employees who are coerced by their employers to participate in illegal or unethical activities.
• D) customers who report unethical or illegal actions of the firms that market the offerings they bought.
• E) employees who report unethical or illegal actions of their employers.

---

Definitions:

Sole Proprietors

Individuals who own and operate their businesses alone, without forming a corporation or partnership.

Self-Employment Tax

Self-Employment Tax is a tax consisting of Social Security and Medicare taxes primarily for individuals who work for themselves.

Self-Employment Income

Earnings derived from one's own business, professional practice, or freelance work, subject to tax and self-employment contributions.

Adjusted Basis

The value of an asset for tax purposes, calculated by modifying its original cost by factors such as depreciation or improvements.