A Salesperson's Compensation Can Be Made Up of Some Combination

question 59

Multiple Choice

A salesperson's compensation can be made up of some combination of salary, commission, and ________, which are payments made at a manager's discretion when the salesperson achieves certain goals.

• A)bonuses
• B)metrics
• C)awards
• D)income segments
• E)rebates

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Definitions:

Parent or Guardian Supplies

Items or provisions supplied by a parent or guardian for the care, support, or benefit of their ward or child.

Unconscionability

A doctrine in contract law that describes terms that are so extremely unjust or overwhelmingly one-sided in favor of the party who has superior bargaining power.

Equitable Remedy

A remedy provided by courts in cases where monetary damages are insufficient to resolve a legal dispute, involving actions like specific performance or injunction.

Specific Performance

A legal remedy requiring a party to perform a specific action as outlined in a contract, rather than merely paying damages for failing to do so.