Tran is employed at a company that annually contributes anywhere from 2% up to 12% of his salary into his retirement plan, depending on how good the company's financials were that year. This type of contribution plan is a(n) ________ plan

A) 401(k)
B) ESOP
C) profit-sharing
D) performance

Answer: C

Business

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Which of the following statements is true with respect to a limited partnership?

A. A limited partner may not be an unsecured creditor of the limited partnership. B. A general partner may not also be a limited partner at the same time. C. A general partner may be a secured creditor of the limited partnership. D. A limited partnership can be formed with limited liability for all partners.

Business

Sampling techniques that do not use chance selection procedures and rely on the personal judgment of the researcher are called ________

A) probability sampling techniques B) nonprobability sampling techniques C) stratified sampling D) cluster sampling E) semantic differential sampling

Business