Theresa has just started working for Citizens Bank as a teller. A man comes into the bank with a $100 check that is 8 months old. She goes to the manager to ask whether she should pay it. If you were the manager, what would you advise her? Explain
Banks are not obligated to pay a check more than six months old, but they may charge the customer's account for a payment made thereafter in good faith. The usual banking practice is to check with the drawee before paying a stale check.
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If a contract involves a significant financing component
A) the time value of money is not required to determine transaction price if the payment is more than a year after the transfer occurs. B) the transaction amount should be based on the current sales price of goods or services. C) interest is not accrued as a result of the financing component. D) the time value of money is used to determine the fair value of the transaction.
Describe leadership trait theory.
What will be an ideal response?
In a conversation, you can hold the listener's interest by
a. putting others down. b. asking for an opinion or seeking advice. c. giving the listener the impression that his or her ideas are not important. d. none of these choices.
According to the Americans with Disabilities Act, during the hiring process, employers can ask about one's ability to perform a job but cannot inquire as to whether an applicant has a disability
Indicate whether the statement is true or false.