This tutorial may have more info than you need, but shows how to remove the background:
http://www.dreamstime.com/uploaded_files/basic-selection.pdf
What I usually do is make another layer of the image, then use the Select Color Range to select the background. Make a Layer Mask of the Selection. Go to the Channels Tab making sure I'm still on the Layer Mask, and paint what I want to keep in Black (turns red on the mask). When I've got what I want completely selected, Click on it with the Magic Wand (W on the keyboard), select Inverse, make sure White is my background color and hit delete. That will erase everything that is not Red on my layer mask.
Return to the Layers tab, and Paint the top layer in pure white (hit D to reset the color palette to make sure it is pure white). So, now you have the top layer as white background, with the hole that is your object, which is now on the bottom layer.
To make the edges smoother, make sure you are on the top layer, and Click Filters > Blur > Gaussian blur, and make it about 1.4. Click Ok. Merge the layer down and you now have one image with the background removed.
Hopefully I didn't lose you after "What I usually do is...". I've tried all sorts of quick and dirty ways, but this is the process I go through when editing my backgrounds to white to sell the images. I'll have to make that a tutorial with pictures one of these days.
I found this tutorial that might be of use as well, which is a bit shorter:
http://blog.thembid.com/2007/08/22/removing-backgrounds-quickly-in-photoshop/
EDIT: Oooh, just the FRAMED object, not the object it'self (smacks head). Use the Crop Tool, and click the checkbox for Perspective. That allows you to adjust each corner separately to match the edges of the rectangle, then hit Enter when you're done. Wha-la!