Answer:
No
Explanation:
An independent contractor is a business person or entity who works for an employer based on an agreed-upon contract which affords him the flexibility of choosing how and when he accomplishes a task. The employer has the right to control the results of his work but has little or no say on how and when the job is done.
An independent contractor is not bound to work specific hours dictated by an employer. When the sale's agent finds it difficult to close a deal or is unable to produce paperwork in a timely fashion, he cannot just be arbitrarily penalized by the broker. The broker could terminate the contract if the agent does not meet up to his requirements.
When developing a risk response, the risk is termed as <u>Transferring</u> when it is transferred to a different party rather than changed.
Responding to hazards entails developing alternatives and strategies for reducing undesirable risks and enhancing desirable ones. Two essential components are response plans and contingency planning.
Three Steps to Risk Response development are:
The first step is: Prevent.
When you choose to avoid risk, all possibility that it may hurt your company is completely erased.
The second: is a risk reduction strategy.
If the danger is just a little bit higher than your tolerance and degree of hunger, the reduction is an excellent strategy for bringing it within acceptable ranges.
The third: is a Risk management strategy
instead of eliminating or lowering the possibility that it will happen, transfers, delegates, or distributes the responsibility of the risk to a third party.
Learn more about risk response development
at brainly.com/question/12541151
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<span>It lowers the payout the company has to make.</span>
Answer:
Tony is a 45-year-old psychiatrist who has net earned income of $300,000 in 2020. What is the maximum amount he can contribute to his SEP for the year? 300,000x.25= 75,000 or $57,000
$57,000
Explanation: