Employer vs Independent Contractor - Agency Law

The video explains the differences between employees and independent contractors, focusing on the level of control exercised by employers. Employees are under significant control, while independent contractors operate autonomously. This distinction is crucial for understanding contractual authority, as employees can bind a business in contracts, whereas independent contractors cannot unless explicitly authorized.

Why is the authority of an agent important in the context of contracts?

What limitations does an independent contractor have regarding binding a business in contracts?