Agents who contract in their own names become liable to the same extent as though they were the principals.

Which of the following fringe benefits is not excludable from an employee's wages?

a) $2,500 of group term life insurance covering the death of an employee's spouse or dependent. b) Dependent care assistance of $5,000 provided through a dependent care assistance program. c) Educational assistance expenses of $5,250 provided through an educational assistance program. d) Qualified employee discount.

An alternative hypothesis is a statement of the status quo, one of no difference or no effect

Indicate whether the statement is true or false