Question
Because Owners draft contracts that make construction firms independent contractors, this infers that the owner can only specify the final results and cannot interfere with
Because Owners draft contracts that make construction firms independent contractors, this infers that the owner can only specify the final results and cannot interfere with the methods and personnel practices of the contractor. True/Fale
2. A General Contracting Company is required to collect FICA taxes on an Independent Contractor. True/False
3.An agency relationship involves the principal, agent and a third party. True/False
4.The agent creates the defined scope of work in an agency relationship. True/False
5.If an agent acts outside the scope of authority granted by the principal, generally the principal is not liable for those actions. However, if the principal ratifies such actions, the actions become authorized after the fact.True/False
6.The responsibilities of the principal to the agent should be clearly defined by the terms in the agency agreement. True/False
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started