A report of wages and withholdings for each employee is called
A) form W-2.
B) form W-3.
C) form 1099-Misc.
D) form 941.
Answer: A
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Nathan agreed to list his property for sale with Broker Chan. In the listing agreement, Nathan specified Broker Chan is not authorized to accept a deposit towards the purchase price from the buyer. What happens if Broker Chan produces a buyer?
a. He must refuse to accept any deposit. b. He cannot present the offer as written. c. If he accepts a deposit, he holds it as an agent of the buyer until the offer is accepted by the seller. d. If he accepts a deposit and the buyer rescinds the offer prior to acceptance by the seller, Chan is entitled to one-half of the deposit.
Which of the following factors justifies long-channel approaches to distribution during the
maturity stage in the product life cycle? A) increased level of control over the brand equity B) improved differentiation of the product from competing products C) high variety of available alternate channels D) cost savings from reduced number of channel partners