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CHAPTER 16 Legal Guidelines and Business Considerations Review and Practice


The three sections that follow provide a guided review and practical application of the theories, concepts, and ideas related to the chapter.


RECALL AND UNDERSTAND 1. The vast majority of for-profit businesses in the United States operate as _______________.


2. In a sole proprietorship, there is no _______________ that shields the actions of the business from the personal responsibility of the owner.


3. True or False? Partnerships may be created without filing paperwork, but any partnership should have legal documents establishing the rules of the operation.


___________________________________________________________________________________ 4. Corporations are recognized as _______________.


5. After reading about employees vs. independent contractors, complete the following table to illustrate your own understanding of the primary differences in each of the categories outlined. A few entries have been filled in as examples.


Independent Contractor Status Employee Status Work Details


Independent contractors have more control over work details


Payment


Length of Relationship


Training and Retraining


Initial and ongoing training is expected


Equipment


Number of Clients


Nature of the Work


THE EXERCISE PROFESSIONAL’S GUIDE TO PERSONAL TRAINING STUDY COMPANION


American Council on Exercise


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