ACTG 2P40 Study Guide - Independent Contractor, Vicarious Liability, Unemployment Benefits
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Document Summary
An employee is someone who works for a boss. An independent contractor does not have a boss, they do their own thing and do not take orders from anybody. An independent contractor may be hired but do not take orders from the person that hires them. An independent can funnel income tax like a corporation which has better tax breaks. Independent contractor supplies their own tools and employers are supplied by their employer. The distinction between an independent contractor and an employee is also important for the purposes to liability and responsibility of the employee: vicarious liability: employers responsibility for. The doctrine of vicarious liability provides that employers are liable for all the acts committed by an employee which are committed during the course of an employee s employment. An independent contractor is liable for himself employer liable for employee s. Break time, lunch time etc cause grey areas and have lead to different cases.
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