A(n) __________ plan is a defined contribution pension plan funded with contributions by the participants or a combination of participant and employer contributions

a. 630(b)
b. 401(k)
c. employee stock ownership
d. defined benefit pension


b

Business

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In situations when there are a large number of prospects for a product, a salesperson should most likely use:

A. his/her membership in sales lead club. B. cold canvas prospecting. C. endless chain prospecting. D. direct-mail prospecting. E. center of influence prospecting.

Business

An acceleration clause states that if you default on a secured loan, not only can the lender repossess whatever is secured, but if the sale of the asset does not cover what you owe, you can also be billed for the difference

Indicate whether this statement is true or false.

Business

First Federal financed the purchase of O's home and recorded a mortgage on September 12, 2015. O decided to build a swimming pool in the backyard. First Interstate loaned O $10,000 for the pool and recorded a mortgage on October 15, 2015. Who has priority?

A) First Federal B) First Interstate C) The Pool Company D) None of the above

Business

Juran proposed a simple definition of quality: a. customer satisfaction

b. conformance to specifications. c. fitness for use. d. commitment to excellence.

Business