300. (p. 303, figure 11.5) Howie Van Zant recently earned his license to sell real estate in Indiana, and has interviewed
with several agencies in an attempt to find a job. All have told him that his income will be based on a
percentage of his real estate sales for the month. Howie will be paid:
A. a monthly salary.
301. (p. 303, figure 11.5) Roy Hinds just accepted a job as a supervisor at a small manufacturing plant. His pay starts
D. income averaging plan.
302. (p. 303, figure 11.5) Ruby Bethune works for ElekTek, a firm producing sophisticated electronic equipment used
in state-of-the-art security systems. Ruby is happy to see that the value of ElekTek’s stock has reached $47 per
share, because her company allows many of its employees, including Ruby, to buy a given number of shares of
its stock for $30 per share for the next year regardless of how high the market price goes. ElekTek is offering its
employees a stock:
A. annuity plan.