Businesslaw - Study guides, Revision notes & Summaries

If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - collect answer-quarterly How many employees does it take for the Fair Labor Act to be applied? - collect answer-1 What accounting method records income when the service occurs and expense when they are incurred? - collect answer-Accrual Method What do the General Conditions of a contract do? - collect answer-Outline roles of the owner, architect, and engineer. You are purchasing an insurance policy wit...

Contractors Business/Law Exam With 100% Correct Answers 2024. If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? quarterly How many employees does it take for the Fair Labor Act to be applied? 1 What accounting method records income when the service occurs and expense when they are incurred? Accrual Method What do the General Conditions of a contract do? Outline roles of the owner, architect, and engineer. You are purchasing an insurance policy with a mon...

Contractors Business/Law Exam

Contractors Business/Law Exam Practice Questions and Answers If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - Answer️️ -quarterly How many employees does it take for the Fair Labor Act to be applied? - Answer️️ -1 What accounting method records income when the service occurs and expense when they are incurred? - Answer️️ -Accrual Method What do the General Conditions of a contract do? - Answer️️ -Outline roles of the owner, architect, an...

Contractors Business/Law Exam 2024 Questions and Answers

Verification Form I-9 must be completed by applicants providing proof of identity and employment eligibility within ______ of employment. -Answer 3 days What type of business is the easiest to establish and allows the owner to determine how profits are used although they are personally liable for all debt and assets? -Answer Sole Proprietorship A ______is a joint co-owner partnership established to specifically increase bonding and bidding capacities and profits. -Answer Genera...

Contractors Business/Law Exam Questions and Answers 100% AccurateContractors Business/Law Exam Questions and Answers 100% AccurateContractors Business/Law Exam Questions and Answers 100% AccurateContractors Business/Law Exam Questions and Answers 100% Accurate If an employer's Federal Payroll Tax liability is $1000 how may they pay taxes? - ANSWER-quarterly How many employees does it take for the Fair Labor Act to be applied? - ANSWER-1 What accounting method records income when the serv...

Explain why the topics of agency and employment are important with respect to the study of businesslaw. Virtually all businesses conduct their business through agent and employees. Distinguish between independent contractors, dependant contractors, employees, and agents. Explain why that distinction is important. An independent contractor does specific contracted work, in effect working for himself. An employee does work as directed by the employer. A dependant contractor is usually...

Contractors Business_Law Exam

Contractors Business_Law Exam (2)