Mortuary Science Practice Exam

If a commission greater than 5% of the contract price is charged, what percentage of the remaining balance should be paid to the person entitled?

1. 50%

2. 75%

3. 100%

4. 10%

The correct answer is: 100%

When a commission greater than 5% of the contract price is charged, the full remaining balance should be paid to the person entitled. This is rooted in the ethical standards and business practices within the mortuary field and ensures that the individual entitled to payment receives their fair compensation without any deductions due to excessive commissions. In a scenario where a higher commission is taken, it is crucial that the parties involved adhere to agreements that reflect fairness and transparency, particularly regarding financial dealings. By stipulating that 100% of the remaining balance is to be paid, it guarantees that the entitled party is fully reimbursed for their service or contribution, reinforcing ethical business practices within the industry. This principle of full payment aligns with maintaining trust and integrity in professional relationships, especially in sensitive fields such as mortuary science, where satisfactory service and clear transactions are paramount.