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Dan Works for ElekTek, a Firm Producing Sophisticated Electronic Equipment

Question 324

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Dan works for ElekTek, a firm producing sophisticated electronic equipment used in state-of-the-art security systems. Dan is happy to see that the value of ElekTek's stock has reached $47 per share, because certain employees (including Dan) have the opportunity 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. Elec Tek is offering some employees a:


A) salary pay system.
B) commission pay plan.
C) rolling rate system.
D) income averaging plan.

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