A Company Is to Distribute $34,000 in Bonuses to Its

question 104

Multiple Choice

A company is to distribute $34,000 in bonuses to its top five salespeople. The fifth salesperson on the list will receive $5,600, and the difference in bonus money between successively ranked salespeople is to be constant. Find the bonus for each salesperson.

• A)$8,000, $7,600, $7,200, $6,800, $5,600
• B)$8,000, $7,700, $7,300, $6,900, $5,600
• C)$8,000, $7,500, $7,100, $6,700, $5,600
• D)$7,400, $6,800, $6,200, $5,600, $5,000
• E)$8,000, $7,400, $6,800, $6,200, $5,600

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Definitions:

Damages

Financial compensation awarded by a court to a party who has suffered loss or injury due to the actions or negligence of another party.

Obligations

Duties or responsibilities imposed by law, contract, or moral imperatives, often requiring action or forbearance.

Frustrates Contract

Describes a situation where unforeseen events make the fulfillment of a contract impossible, excusing all parties from their obligations and terminating the contract.

Breach

A violation or infraction of a law, agreement, or set of rules.