You are offered a sales position and given a choice of salary plus a small commission or straight commission. What are the advantages and disadvantages of each?

What will be an ideal response?


Salary plus a small commission provides a stable source of income and some incentive for performance. Straight commission directly rewards performance, with the potential for greater compensation, but often results in an unstable income flow. And if you sell nothing, your income is zero.

Business

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Past return refers to the

A. highest annual return that a security has produced in the past. B. mode of the annual returns that a security has produced in the past. C. average of the annual returns that a security has produced in the past. D. medianĀ of the annual returns that a security has produced in the past.

Business

Bonds can earn income through interest payments and capital gains.

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

Business

Persuasion is the process of motivating people to do or believe something despite their initial resistance

Indicate whether the statement is true or false

Business

In an action for breach of contract, the statute of limitations runs from the date on which the contract is breached

Indicate whether the statement is true or false

Business