The primary difference between pre-tax and post-tax deductions is:

A) Post-tax deductions reduce tax obligations.
B) Pre-tax deductions include child support.
C) Pre-tax deductions reduce tax liability.
D) Post-tax deductions reduce gross pay.


C) Pre-tax deductions reduce tax liability.

Business

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Effective negotiators respond to dislikes in the other party's statement or proposal and ignore the things they like.

Answer the following statement true (T) or false (F)

Business

A recommended way to subordinate the price of a product is to reveal it in a sentence that also refers to the central selling point

Indicate whether the statement is true or false

Business

Which of the following is a disadvantage associated with licensing?

A. This is the most expensive and risky method for global expansion. B. The licensor may create its own competition. C. The licensee pays lower wages and sells at lower prices. D. The firm's brand does not get international exposure. E. The foreign government dislikes it because it does not increase local employment.

Business

While driving home from work, Bailey's car is struck from behind by a van full of drunken college students. Asimov is the driver of the van. The resulting damage to Bailey's car totals $7,000

Bailey files a claim under his own auto insurance policy to have his car repaired, but his insurance policy only covers $6,000 of the $7,000 loss. Bailey pays the remaining $1,000 of the loss out of his pocket. Which of the following is a true statement? A) Bailey has no legal right of subrogation against Asimov for the $1,000 that he had to pay out of his pocket. B) Bailey's insurer has no legal right of subrogation against Asimov for the $6,000 of damages it had to pay to Bailey. C) Bailey has the right under the principle of indemnity to now sue Asimov personally for the $7,000 damages to his car. D) Both Bailey and his insurer have subrogation RIGHTS against Asimov for the damages he (Asimov) caused.

Business