Ed Works for Lanier Business Products as a Sales Representative

Ed works for Lanier Business Products as a sales representative.He receives a straight commission.In weeks when his earned commission is less than $600,the company loans him enough money against future commissions to allow him to receive $600.In weeks when Ed earns more than $600,the extra is used for repaying the previous loan.For Ed,the guaranteed $600 is his:

A) sales quota.
B) activity quota.
C) draw.
D) bonus.
E) straight salary.

Correct Answer:

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