Ed Works for Lanier Business Products as a Straight Commission

Multiple Choice

Ed works for Lanier Business Products as a straight commission sales representative. In weeks when his earned commission is less than $600, the company loans him enough money against future commissions to allow him to receive $600. In future weeks, when Ed earns more than $600, the extra is applied to repaying the loan. For Ed a guaranteed $600 is his:

A) transition.
B) indemnity.
C) draw.
D) bonus.
E) assessment.