Four main institutions make up the political structure of the EU. Which of them is responsible for proposing EU legislation, implementing it, and monitoring compliance with EU laws?

a) court of justice
b) European council
c) European commission
d) European Parliament

Ans: c) European commission

Business

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A rotor salesman making a sales call to an industrial equipment manufacturer is an example of:

a. Business-to-business direct selling b. Telemarketing c. Door-to-door sales d. Vending sales

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Which of the following statements concerning qualified retirement plans is NOT correct?

A) Employer-sponsored IRAs are considered qualified retirement plans. B) Employer contributions to a qualified plan are tax deductible as a business expense. C) The earnings of a qualified plan are not taxed until they are distributed. D) Employer contributions to a qualified plan on behalf of its employees are taxable income to the employees when they are made.

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