Which One of the Following Statements Best Describes Profit Sharing

question 25

Multiple Choice

Which one of the following statements best describes profit sharing?

• A)Profit sharing is an equal division of all revenues among workers.
• B)Profit sharing ties pay to the performance of individuals.
• C)Profit sharing is a program that donates profits to the poor.
• D)Profit sharing provides a system by which workers receive a share of the firm's profits.
• E)Profit sharing discourages free-riding among workers.

---

Definitions:

Fraudulent

Involves deceitful conduct designed to manipulate another person or entity, typically for personal gain.

Law

A system of rules that are created and enforced through social or governmental institutions to regulate behavior.

Tort Of Deceit

A legal wrong involving intentional misrepresentation or falsehood that causes harm to another.

Equitable Remedy

A legal remedy, usually issued by a court, which provides a solution deemed fair and just in situations where monetary damages are not sufficient.