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MissTica
3 years ago
6

1. Standard Oil of Connecticut, Inc., sells home heating, cooling and security systems. Standard schedules installation and serv

ice appointments with its customers and then contracts with installers and technicians to do the work. The company requires an installer or technician to complete a project by a certain time, but to otherwise exercise independent judgment and control in the execution of any work. The installers and technicians are licensed and certified by the state. Standard does not train them, provide instruction manuals, supervise them at customers’ homes, or inspect their work. The installers and technicians use their own equipment and tools, and they can choose which days they work. Standard pays a set rate per project. According to criteria used by the courts, are these installers and technicians independent contractors or employees? Why?
Business
1 answer:
Yuki888 [10]3 years ago
5 0

Answer:

The installers and experts are self employed because;

  • Standard Oil of Connecticut, Inc has no influence over the work other than finishing the venture by a specific time and the installers and experts can pick the days wherein they need to work.  
  • The installers and specialists are occupied with various business as the business is into deals and The installers and experts are into administration.  
  • The work isn't done heavily influenced by business. Professionals and installers are not managed by Standard Oil of Connecticut, Inc and they don't assess their work.  
  • The devices are not given by the business and the installers and experts utilize their own gear and instruments.  
  • The installers and experts are utilized for a specific time-span till the fulfillment of the undertaking and are not utilized for long.  
  • The strategy for installment is through a set rate for every venture and not by time-frame.  
  • The installers and professionals are authorized and affirmed by the state and are having particular abilities which are not increased through the business.  

Every one of these conditions fulfill the necessities of self employed entity as indicated by measures utilized by the courts and doesn't fulfill the standards of representative.

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Answer:

$1,017.33  

Explanation:

For computing the bond price we have to use the PV function that is shown in the attached spreadsheet which is presented below:

Given that,  

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= PV(Rate,NPER,PMT,FV,type)

So, after solving this, the answer would be $1,017.33  

3 0
3 years ago
What is the expected salary range for ocean engineer from entry level to being at the top of their field?
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7 0
3 years ago
In the context of Herzberg's two-factor theory, ____________ are characteristics of the workplace, such as company policies, wor
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THE CORRECT OPTION IS a) hygiene factors

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According to the question given , hygiene factors are the ones that can make people dissatisfied. This includes secondary working conditions, salary etc, every company should try to improve their hygiene factors to reduce the job dissatisfaction.

6 0
3 years ago
The name of the Department that is primarily involved in the sourcing, screening and hiring of personnel is:
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Explanation:

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8 0
2 years ago
Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which in
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                                  Trial Balance

Items                                     Group             Debit ($)    Credit ($)

Cash                                      Asset               37641

Office Supplies                     Asset               890

Prepaid Insurance                Asset               4600  

Office Equipment                 Asset               12900

Accounts Payable                Liability                                12900

Capital                                   Equity                                  18000

Withdrawals                          Equity              3329  

Engineering Fees earned    Revenue                              36000

Rent Expense                        Expense         <u>7540</u>           <u>            </u>

Total                                                               <u>$66900</u>      <u>$66900</u>

6 0
3 years ago
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