Norma Will Receive an Incentive Payment of $150 If She

question 89

Multiple Choice

Norma will receive an incentive payment of $150 if she adds 5 new customers to her account list this month. The $150 payment is an example of a:

• A)commission.
• B)bonus.
• C)salary.
• D)gratuity.
• E)quota.

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Definitions:

Transaction

A business deal or action, such as buying or selling, between two or more parties.

Warranty

A warranty is a guarantee provided by a seller to a buyer, promising to repair or replace a product if it fails within a certain period after purchase.

Disclaimed

The act of renouncing a claim to or denying responsibility for something, often seen in legal disclaimers or warranties.

Type

A category or class that individuals or things can be grouped into based on shared characteristics or qualities.