Check Your Understanding Answers
- What provision of an independent contractor agreement allows an agent to enter into agency agreements on behalf of the broker?
The provision that addresses the agent’s authority
- What does a provision discussing employee benefits typically state in an independent contractor agreement?
No benefits such as health insurance, retirement, sick days, paid-time off, etc. are provided to the agent.
- What are the typical conditions for terminating an independent contractor agreement?
Either party can terminate the agreement at any time with or without cause.
- What is the main difference between the two CAR Independent Contractor Agreements?
The main difference between the two CAR Independent Contractor Agreements is how disputes between the parties regarding terms of the agreement will be resolved.
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