When Daniel Was Hired to Work for Bush Refrigeration Co

question 257

Multiple Choice

When Daniel was hired to work for Bush Refrigeration Co., he was told, "The sales training program is 18 weeks, and we'll pay you $750 per week during that time." While in training, the company used a ________ to compensate Daniel for his time and effort.

• A) sales response compensation plan
• B) combination compensation plan
• C) straight salary compensation plan
• D) straight commission compensation plan
• E) market share compensation plan

---

Definitions:

De Facto Corporation

Latin for “corporation in fact”; a corporation that has not substantially met the requirements of the state incorporation statutes.

Corporation By Estoppel

A defective corporation that has conducted business with a third party and therefore cannot deny its status as a corporation to escape liability.

De Jure Corporation

Latin for “lawful corporation”; a corporation that has met the mandatory statutory provisions and thus received its certificate of incorporation.

Alien Corporation

A business that is incorporated in a foreign country.