How does the text define "business gratuity"?
A) "a present, gift, hospitality, or favor for which fair market value is not paid by the recipient"
B) "a present, gift, hospitality, or favor specifically given by a non-employee for preferred treatment from an employee"
C) "a non-contractual compensation by a nonemployee in expression of gratitude for well-performed services or superior products"
D) "profits incurred by employees that are not a part of the regular commerce of an organization"

Question

Quizplus · Accepted Answer

The text defines "business gratuity" as "a present, gift, hospitality, or favor for which fair market value is not paid by the recipient," which encompasses a broad range of non-paid benefits received in a business context.

How Does the Text Define "Business Gratuity