Chris is a worker at X Co. Chris pays for the tools used to perform assigned tasks and is responsible for ensuring tasks are done on time. If Chris is late, a penalty must be paid. How should Chris report this income?

Multiple Choice

• Chris should use whichever approach is fairer to Chris.

• Chris is an independent contractor, and this is business income.

• This is employment income, and X Co. must issue a T4 slip.

• X Co. will choose the approach to take, and Chris must abide by it.