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morpeh [17]
1 year ago
7

Licensee mike was owed a commission from seller jane. jane has refused to make payment. what recourse does licensee mike have?

Business
1 answer:
Westkost [7]1 year ago
5 0

Licensee mike was owed a commission from seller jane. jane has refused to make payment. The recourse licensee mike has is he can seek damages from his broker.

A sales commission is typically an amount paid to an employee upon completion of a task for the sale of a specified quantity of goods or services. Employers sometimes use sales commissions as an incentive to increase employee productivity. Commissions may be paid in addition to or in lieu of salary.

Commission-based compensation benefits employees because they are ultimately in control of their income. In many ways, when a company uses commission payments, it doesn't limit an employee's potential to increase their income. Jobs that typically earn commissions include:

Learn more about commission here:brainly.com/question/25169847

#SPJ4

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emmasim [6.3K]
According to Adam Smith and other classical economists, why is the economic theory supporting market economies (or capitalism<span>) </span>much more realistic than theories supporting command economies<span>? ... Americans prefer to have the </span>market<span>, rather </span>than<span> the government, to manage their </span>economy<span>.</span>
4 0
3 years ago
A new competitor enters the industry and competes with a second​ firm, which had been a monopolist. The second firm finds that a
Alisiya [41]

Answer: More elastic; Lower

Explanation:

Before the entry of a new firm, there is only one firm exist in the market and that single firm is experiencing a monopoly power. But when there is a entry of its competitor then as a result second firm have to reduce their prices of the products as demand is elastic. We know that market is very sensitive to the prices. This fall in prices will lead to increase the demand for the products but with the lower prices, the marginal revenue of the second firm will be more elastic because of the lower prices.

7 0
3 years ago
If the price of jelly goes up by 10 percent, we observe a decrease in the quantity demanded of peanut butter of 20 percent. the
Sedaia [141]
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6 0
3 years ago
Which of the following statements about aims and objectives is untrue? Select one: a. An aim describes what the learners will be
netineya [11]

Answer:<em> Option (b) and (d) are untrue.</em>

Explanation:

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<em>Aim is in regards with what you hope to do, your comprehensive purpose in project. It will gesticulate what/where you aspire to be at the end of the project. An aim is usually wide. It is earnest, but not beyond the bounds of possibility.  </em>

<em>Whereas; </em>

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7 0
3 years ago
What are the features of direct tax​
sesenic [268]

Answer:

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:) Promotes equality. ...

:) Promotes certainty. ...

:) Promotes elasticity. ...

:) Saves time and money.

Explanation:

hope it was helpful....

3 0
2 years ago
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