Laws would be meaningless without the courts to interpret and apply them

Indicate whether the statement is true or false


T

Business

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An employee earns $5750 per month working for an employer. The FICA tax rate for Social Security is 6.2% of the first $127,200 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. The employee has $192 in federal income taxes withheld. The employee has voluntary deductions for health insurance of $160 and contributes $80 to a retirement plan each month. What is the amount of net pay for the employee for the month of January? (Round your intermediate calculations to two decimal places.)

A. $4961.50 B. $4567.62 C. $4832.12 D. $4878.12 E. $4521.62

Business

Which of the following practices would suggest that Acme Tools practices a marketing orientation?

A. It sets inventory levels with customer requirements and costs in mind. B. It views customer service as an activity required to reduce consumer complaints. C. It ends its relationship with customers when a sale is made. D. It sells products that it can easily make for its customers. E. It focuses its advertising efforts on product features and how products are made.

Business

In schedule rating, each building is individually evaluated based on several rating factors

One factor refers to the possibility that the building will be damaged or destroyed by a fire that starts at an adjacent property and spreads to the building. This rating factor is known as A) occupancy. B) protection. C) maintenance. D) exposure.

Business

Channel systems in which the various channel members make little or no effort to cooperate with each other are called ________ systems.

A. administered channel B. direct-to-customer channel C. traditional channel D. franchising E. vertically integrated

Business