Question

In: Finance

Question 251 pts The United States Department of Labor has ruled that employees were economically dependent...

Question 251 pts

The United States Department of Labor has ruled that employees were economically dependent on the employer to be classified as independent contractors.

True

False

Question 321 pts

The process of prioritizing how important an issue is to eat stakeholder is called Stakeholder Materiality.

True

False

Solutions

Expert Solution

Q 251.

The United States Department of Labor has ruled that employees were economically dependent on the employer to be classified as independent contractors.

This is FALSE.

DOL (Department of Labor), asks to use the "economic realities" test to distinguish between an employee and an independent contractor.

A person is an employee, if the person is economically dependent on the employer however, if the person is working in the business of other person and is truely present only for himself/herself, then the worker is known as independent contractor.

Q 321.

The sentence in the question seems to be a bit changed than the original. Please check once. However, below I am defining what exactly the definition is for stakeholder materiality

Stakeholder Materiality: It is known as process of prioritization of stakeholders relevance and the concerned issues with respect to the company.

With this definition, the answer of Q321 looks to be TRUE.

jeff jeffy answered 5 months ago
Next > < Previous

Related Solutions

1) Are individuals in the United States “better off ” economically now than they were at...
1) Are individuals in the United States “better off ” economically now than they were at the beginning of the twenty-first century? Why? 2) Obtain several recent issues of The Wall Street Journal or Bloomberg Businessweek. Identify, read, and be discuss at least one article relating to one of the six principles of finance. Cite the date and name of the article. 3) Some economists believe that an increase in the money supply will lead to inflation. Do you agree?...
How is the United States impacted economically by immigration of low-skilled labor, whether legal or illegal?...
How is the United States impacted economically by immigration of low-skilled labor, whether legal or illegal? Who benefits and who is hurt by such immigration?
Is the United States an economically just society, why or why not?
Is the United States an economically just society, why or why not?
In 2014, the 11th United States Court of Appeals ruled in favor of Chiquita Brands, a...
In 2014, the 11th United States Court of Appeals ruled in favor of Chiquita Brands, a Cincinnati–based multinational marketer and distributor of food products—widely known for its Chiquita banana brand—which had been accused by 4000 Colombians of supporting paramilitary soldiers who had killed or tortured their relatives. The court ruled on technical grounds that the Colombians could not sue the company under the laws they had cited. “The Alien Tort Statute does not apply extraterritorially,” wrote Judge David Sentelle, and...
1. The National Labor Relations Board ruled that student athletes are not employees and thus cannot...
1. The National Labor Relations Board ruled that student athletes are not employees and thus cannot unionize. (True or false) 2. Ramogi Huma points out that the student athletes are in labor market conditions that usually call for unionization, namely that they do not have the market power (leverage) they need to protect themselves. (true or false) 3. The National Labor Relations Board decision on the status of the Northwestern Athletes request to unionize sets establishes a precedent that applies...
Will England’s exit from the EU economically hurt the United States? Explain.
Will England’s exit from the EU economically hurt the United States? Explain.
Question 1 In the United States, where land is cheap, the ratio of land to labor...
Question 1 In the United States, where land is cheap, the ratio of land to labor used in cattle raising is higher than that of land used in wheat growing. But in more crowded countries, where land is expensive and labor is cheap, it is common to raise cows by using less land and more labor than Americans use to grow wheat. Can we still say that raising cattle is land-intensive compared with farming wheat? Why or why not? Question...
The United States has one the world’s freest labor markets. Research free labor markets around the...
The United States has one the world’s freest labor markets. Research free labor markets around the world as well as your local labor market. What type of market exists in your local area? What are the pros and cons of a free labor market? Based on your research, reading and analysis, is there a need for government regulation?
The United States has one the world’s freest labor markets. Research free labor markets around the...
The United States has one the world’s freest labor markets. Research free labor markets around the world as well as your local labor market. What type of market exists in your local area? What are the pros and cons of a free labor market? Based on your research, reading and analysis, is there a need for government regulation?
Question 1. (This question has two parts: a and b) Assume that the United States and...
Question 1. (This question has two parts: a and b) Assume that the United States and Cambodia both have similar demand functions and similar taste preferences. The United States however is capital abundant while Cambodia is labour abundant. Assume that the two countries produce only two goods: capital-intensive cars and labour-intensive shoes. Currently, the two countries are in the process of negotiating a bilateral free trade agreement (FTA). Part (a) Use the concepts of supply and demand to illustrate the...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT