Ryan Performs Services for Jordan

question 53

Multiple Choice

Ryan performs services for Jordan. Which, if any, of the following factors indicate that Ryan is an employee, rather than an independent contractor?

• A)Ryan provides his own support services (e.g., work assistants).
• B)Ryan obtained his training (i.e., job skills) from Jordan.
• C)Ryan is paid based on tasks performed.
• D)Ryan makes his services available to others.
• E)None of the above.

Understand the basic emotions and their identification.

Recognize the impact of economic and material conditions on emotional well-being.

Understand the concept and implications of the endowment effect in economic behavior.

Recognize various cognitive biases and their impact on decision-making, including status quo bias, framing effect, and anchoring effect.

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Definitions:

Wagner Act

United States legislation officially known as the National Labor Relations Act of 1935, which established the rights of employees to engage in collective bargaining and to form and join labor unions.

Legal

Relating to the set of laws that governs the behavior of individuals within a specific country or community, which can be upheld through the enforcement of punishments.

Social Media

Digital platforms that enable users to create and share content or participate in social networking.

Wagner Act

The National Labor Relations Act of 1935, which established the legal right for employees to participate in unions and engage in collective bargaining in the United States.