Generally, an employer is liable for which of the following?Multiple choice question.The unemployment insurance premiums of its independent contractorsThe employee benefits of its independent contractorsThe worker's compensation insurance premiums of its independent contractorsThe torts of its employees

If the Internal Revenue Service (IRS) determines that an independent contractor is really an employee, the employer will be liable for: Blank______.Multiple choice question.all applicable back pay that is due the independent contractorall applicable taxes, such as Social Security and unemployment taxesthe fee associated with changing the status of that person to employeea fine to be determined on a case-by-case basis by the IRS

Which of the following is a payment liability?Multiple ChoiceTort claimsRefundsInsurance premiumsReal estate taxesAll the choices are correct

Which of the following is liability without fault?Multiple ChoiceContributory negligenceAssumption of the riskStrict liabilityModified comparative negligencePure comparative negligence

An entrepreneur is starting a business. In order to protect herself, she wants to invest in good insurance policies. She wants one policy that will pay her employees' expenses if they get hurt on the job. She also wants to make sure she is protected from expensive lawsuits if a customer gets injured in an accident while on her property.Which two types of insurance would best address the entrepreneur's concerns?A.Workers' compensation and liability insuranceB.Title insurance and workers' compensationC.Disability and homeowner's insuranceD.Liability and homeowner's insurance

Which of the following types of insurance covers the costs of defense and judgments obtained against a company resulting from bodily injury or property damage?Multiple choice question.CasualtyBondingLifeProperty