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Rhonda was employed by Midwest Bank of North Carolina to represent it. Midwest discussed the possibility of Rhonda working as in-house counsel for Midwest to handle recovery and bankruptcy cases. On her employment application, Rhonda disclosed that she had been convicted of 2 misdemeanor larceny. Those convictions made it unlawful for her to become an employee of Midwest without FDIC approval. Midwest proceeded with its working relationship with Rhonda, who closed her private practice and moved on site with Midwest.The parties executed a written contract under which Rhonda would provide legal services as an independent contractor. Both parties intended that Rhonda would not be considered an employee unless the FDIC waiver was obtained. Such a waiver was never sought for Rhonda. Rhonda was considered an independent contractor for tax purposes and was never paid a salary by Midwest but, instead, was paid for the bills she submitted. She received no benefits or compensation for business travel. She used letterhead that designated her simply as an attorney-at-law and did not rreceive business cards. However, she was provided with on-site office space, support, staff, equipment, and the use of company vehicles. She was paid for continuing education. Midwest exercised control over the hours in which she had access to her office.After complaining about a sexually and racially hostile work environment. Rhonda was terminated. She filed several claims under Title VII. Was Midwest Rhonda's employer? Why or Why not?
When does a recession begin and when does it end and the dating of a business cycle is done by the Business Cycle Dating Committee of the National Bureau of Economic Research
Illustrate fiscal policies also monetary policies which would be appropriate at this time.
In 2003, conservation groups paid western cattlemen to move their herds away from wild buffalo herds so that the buffalo would have more feed and not have to compete with the cattle. What has this action to do with regulation and the Coase Theorem
How would use the principle of marginal analysis to make a decision.deciding how many days to wait before doing your laundry, deciding how many bags of chips to eat or else.
Assume Springfield's economy moves into a recession and Y falls to $9 and increasing unemployment allows widget makers to decrease wages to $18 per hour.
At least one-day is lost in supplying customers with products because of the delays in getting orders into the system.
Explain how would you evaluate this forecast for your firm.
Suppose that the repeated application of a pesticide used on orange trees causes harmful contamination of groundwater. The pesticide is applied annually in almost all of the orange groves throughout the world.
In 1980s, 1990s, and the 1st decade of the 21st century, the US experienced a significant inflow of capital from abroad. Use a diagram of the United States capital market, demonstrate the effect of this inflow on rental price of capital in the US and..
Explain how governments use monetary and fiscal policy to manage the economy and use technology and information resources to research issues in principles of economics.
What is the maximum amount of good Y that can be purchased if X and Y are the only two goods available for purchase and P x = $5, P y = $10, X = 20, and M = 500?
Assume that a borrower and a lender agree on the nominal interest rate to be paid on a loan.
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