The answer is Independent Contractors.
According to the law, An independent contractor is a person who contracts with another to do something for him (or her) but who is not controlled by the other nor subject to the other's right to control with respect to his (or her) physical conduct in the performance of the undertaking. He (or she) may or may not be an agent.
Some examples of independent contractors include:
- Subcontractors and building contractors both work independently. The way a contractor and subcontractors carry out their work is not under the authority of the property owner who engages them to finish a project.
- Independent contractors are those who own their own trucks and hire them out on a job-by-job basis; however, those who regularly drive business trucks are typically employees.
Hence, In the context of agency law, outside accountants and subcontractors hired to perform construction projects are examples of Independent contractors.
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The Right-to-Know refers to workers' rights to information about chemicals in their workplaces. The federal lawthat provides these rights is the OSHA Hazard Communication Standard (29 CFR 1910.1200). Private-sector employers must provide chemicalinformation to their workers under the OSHA standard.
Answer: b.if a seller charges more than the going price, buyers will go elsewhere to make their purchases
Explanation:
A competitive market is characterised by :
1. Firms in the market been price takers.
2. No barriers to entry or exit.
3. Perfect homogenous products.
Because goods in a competition market are homogenous, if a firm increases it's price, customers would go and buy the product from the firm that sells at the market price.
Also firms in a competitive market are price takers, so they cannot set the market price.
Gross domestic product understates the total production of final goods and services because of the omission of HOUSEHOLD PRODUCTION!
Answer:
a service-driven economy
Explanation:
India in relation to global economy has a service-driven economy because one of the ways in which it distinguishes itself from the rest Asian economies is the performance of its service sector. While the growth of other Asian economies, have come from the performance of its manufacturing sector like that of China; that of has been from business services.
India service-driven economic development may be as a result of the fact that the nation has historically been known to be of strength in rendering services.
