Integrated channel relationships tend to be more flexible than cooperative relationships.
Answer the following statement true (T) or false (F)
False
Cooperative relationships are the more flexible.
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Which of the following is NOT one of the four basic types of compensation plans?
A) straight commission B) commission-with-draw C) commission-plus-bonus D) quota-bonus E) straight salary
All of the following are nonbanking financial institutions EXCEPT:
a. credit unions b. insurance companies c. pension funds d. large brokerage houses e. consumer finance companies
The marginal tax-rate structure of the income tax makes it possible to earn income that puts you in a higher bracket so that you wind up paying more additional taxes than the additional income you earned
Indicate whether the statement is true or false
Of the following statements, which is not an advantage of using credit?
A) Using credit wisely creates stability and allows you to establish a favorable credit history. B) Buying today and paying tomorrow seems ideal, but continual spending can lead to financial problems. C) Using credit is safe since using charge accounts and credit cards when you shop and travel is safer than carrying large amounts of cash. D) Credit cards permit the purchase of goods even when cash funds are low.