Discharge of a surety occurs:
A) if the creditor extends the time of the debt with the consent of the surety

B) if the creditor extends the time of the debt without the consent of the surety for a consideration.
C) in case of any reduction in the rate of interest.
D) in the case of return of collateral security to the debtor.


D

Business

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The federal government grants patents for

a. 10 years. b. 20 years. c. 40 years. d. the useful life of the patent.

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Identify the letters that should be capitalized or the words that should have a capital letter. nancy archer, an intern at the national park service, will speak to students in ryland auditorium at 2 p.m

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The executive branch is the final authority concerning the constitutionality of a law.

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

Business

Glade, Inc. is trying to decide whether to increase the commission-based pay of its salespeople. Currently, each of its five salespeople earns a 15% commission on the units they sell for $100 each, plus a fixed salary of $40,000 per person. Glade hopes that by increasing commissions to 20% and decreasing each salesperson's salary to $25,000, sales will increase because salespeople will be more motivated. Currently, sales are 13,000 units. Glade's other fixed costs, NOT including the salespeople's salaries, total $580,000. Glade's other variable costs, NOT including commissions, total $20 per unit.a. What is current profit?b. What is the current break-even point in units?c. What would the break-even point in units be if commissions are increased and salaries decreased?d. If sales increase

by 4,000 units, what will profit be under the new plan?e. At what sales level would Glade be indifferent between the lower-commission plan and the higher-commission plan? What will be an ideal response?

Business