Sole proprietorship or a partnership business

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Reference no: EM133199830

Question 1:

In chapter 10, it Describes the legal obligations that are required to be fulfilled when creating a business. Explain the term "unlimited liability" and why it is a disadvantage to owning a sole proprietorship or a partnership business?

Question 2:

In Chapter 12, case summary 12.1, the federal court of appeal declared that the drivers for TBT Personnel Services Inc. were employees, and not independent contractors as stated in the contract.

However, "the contracts stipulated that the drivers could hire a substitute driver at their own cost" and were able to work unsupervised. Explain why TBT Personnel Services must pay the drivers as employees, and pay their premiums under the employment insurance act, as well as the contributions under the Canadian pension plan?

Reference no: EM133199830

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