When Wallace earned a commission that was greater than the salary of his company's senior vice-president,he was pleased with his accomplishments.He was not so happy when the company told him that it had a _____ and that he would receive only $50,000 in commissions,about 40 percent less than what he had earned.
A) draw
B) quota
C) base
D) cap
E) bonus

Question

Quizplus · Accepted Answer

The term "cap" refers to a limit or maximum amount that can be earned in commissions or bonuses. Therefore, it is the best choice for the blank in the sentence.

When Wallace Earned a Commission That Was Greater Than the Salary