The advantages of qualified retirement plans to employers include all of the following EXCEPT
A) increased employee productivity
B) favorable tax rules
C) rewarding a few employees rather than many
D) allowing the employer to attract and keep talented employees
Ans: C) rewarding a few employees rather than many
Business
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When a seller extends credit to a buyer and the loan is secured by a mortgage, it is called:
A. Purchase money loan B. Hard money loan C. Wraparound loan D. Swing loan
Business
An example of a selectively rewarding tax system is
A) high marginal tax rates. B) no tax on the sale of a personal residence. C) taxing personal income, but not wealth. D) a graduated sales tax rate.
Business