What is the major distinction between an employee and an independent contractor? O An independent contractor is required to be licensed, bonded and to carry insurance. Independent contractors are hired using contracts, while employees must be in at-will relationships with employers. The employer has the right to control an employee's behavior and how s/he does the job, but an independent contractor has exclusive (or near exclusive) control over the way the job is done. An independent contractor never owes fiduciary duties to a contracting partner.

What is the major distinction between an employee and an independent contractor? O An independent contractor is required to be licensed, bonded and to carry insurance. Independent contractors are hired using contracts, while employees must be in at-will relationships with employers. The employer has the right to control an employee's behavior and how s/he does the job, but an independent contractor has exclusive (or near exclusive) control over the way the job is done. An independent contractor never owes fiduciary duties to a contracting partner.

Economics:

10th Edition

ISBN:9781285859460

Author:BOYES, William

Publisher:BOYES, William

Chapter25: Monopoly

Section: Chapter Questions

Problem 13E

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