Erika is a marketing manager at a local equipment manufacturer. She knows that saving for college for her 5-year-old twin boys is a challenge. Her employer recently implemented a college tuition plan that lets parents and other family members defer taxes on their contributions to the plan. What is the type of plan being implemented?

A. TD Ameritrade college tuition plan
B. 207 college tuition plan
C. 529 savings plan
D. 401(k) savings plan
E. U.S. saving bonds plan


Answer: C

Business

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Melissa worked in a distribution warehouse for a power tool company. Throughout the building, there were posters and calendars of a sexually explicit nature, and they made Melissa very uncomfortable. This is   

A. a quid pro quo harassment. B. not of legal concern because none of the offensive materials are directed at Lauren. C. sexual discrimination. D. not of legal concern because Lauren is not suffering any economic injury. E. a hostile work environment.

Business

Which of the following statements is not true of cooperative housing?

A) The cooperative holds the mortgages on the individual units. B) The cooperative has a corporate form with the individual owners holding shares in the corporation. C) The shareholders lease the individual units from the corporation. D) The shareholders can sell their ownership in the cooperative to anyone they want.

Business

Ashley projects that she can get $170,000 cash per year for 5 years on a real estate investment project. If Ashley wants to earn a rate of return of 10%, what is the maximum that she should pay for the investment? Use Appendix Table 2. (Round your answer to the nearest dollar.)

A. $644,434 B. $121,208 C. $575,826 D. $790,500

Business

Your firm's lunchroom has been a congenial gathering place for employees while they are taking their lunch breaks, but lately, lunches that employees have brought from home and put into the refrigerator in the morning have disappeared by lunch time. This has happened several times, and the employees have now started to accuse one another of stealing lunches. Morale has fallen, and you must do

something. Of the following, which is your best option? a. conduct polygraph tests of all of the employees b. conduct polygraph tests of all employees who use the lunchroom c. install a video camera, and train it on the refrigerator in the lunchroom d. prohibit use of the refrigerator by anyone

Business