The Key Lesson from Viscaino V

question 13

Multiple Choice

The key lesson from Viscaino v. Microsoft is that _____.

• A) even if contractors sign an agreement indicating that they are contractors and not employees, the deciding factor is not the agreement but how many hours per week they are asked to work
• B) even if contractors sign an agreement indicating that they are contractors and not employees, the deciding factor is not the agreement but who oversees their work
• C) even if contractors sign an agreement indicating that they are contractors and not employees, the deciding factor is not the agreement but who performs their performance appraisal
• D) even if contractors sign an agreement indicating that they are contractors and not employees, the deciding factor is not the agreement but the degree of control the company exercises over the employees

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Definitions:

Operating Activities

Activities related to the core business operations of a company, such as selling goods and services.

Indirect Method

A financial reporting approach used to prepare the cash flow statement, where net income is adjusted for non-cash transactions, changes in working capital, and other items.

Cash Dividends

Distributions of a company's earnings to shareholders in the form of cash.

Dividends Payable

A liability recorded when a company declares dividends but has not yet paid them to shareholders.