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If a Business Retains Someone to Provide Services,that Person May

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Essay

If a business retains someone to provide services,that person may either be an employee or be self-employed (i.e.,independent contractor).
If a business retains someone to provide services,that person may either be an employee or be self-employed (i.e.,independent contractor).


Definitions:

Stock Dividend

A form of dividend payment made by a company to its shareholders in the form of additional shares rather than cash.

Market Price

The current market value at which a service or good can be traded.

Common Stock

A form of corporate equity ownership, a type of security that represents ownership in a corporation and a claim on a part of the company's profits or losses.

Par Common Stock

The face or nominal value attributed to a common stock share as specified in the company's charter.

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