BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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True
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False
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Detailed explanation-1: -All employees are agents, but not all agents are employees. All independent contractors are agents, but not all agents are independent contractors. All of the following except which one is a duty of an agent?
Detailed explanation-2: -This depends on the company policy. Many employers will not permit their employees to have dual employment. However some employer will not mind their employees to act as insurance agents.
Detailed explanation-3: -The employee generally works exclusively for the business in the functions for which she is hired. The employer exercises extensive control over the nature, time, and manner of work carried out by the employee. As such, the employee is a general agent of the business to the extent of her authority in the position.
Detailed explanation-4: -An employer agent, or third-party agent, is a business that has an agreement with one or more client companies to manage their Paid Family and Medical Leave reporting, premium payments, benefit claims or other related tasks.