List the warranties a transferor of a negotiable instrument makes
When someone transfers a negotiable instrument, he is deemed to make the following warranties:
? He is a holder of the instrument.
? All signatures are authentic and authorized.
? The instrument has not been altered.
? No defense can be asserted against the transferor.
? He has no knowledge of the issuer's insolvency.
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For the following situation, state whether it represents a strength or weakness in internal control and give the reason for your answer. The movie theater has the following policy. Tickets are sold by the cashier. The ticket stubs are collected by the ticket taker. The ticket stubs are stored in a locked box, and the accounting personnel match the number of ticket stubs to the number of tickets sold.
What will be an ideal response?
Answer the following statements true (T) or false (F)
1. Norms are expectations about behavior that are shared by members of a group. 2. Norms can change over time. 3. Research at Google suggests that positive group norms are more important than who belongs to the team. 4. While important for other reasons, cohesiveness has little impact on team performance. 5. Status is based on many factors, including members’ performance, job title, wage or salary, seniority, knowledge or expertise, interpersonal skills, appearance, education, race, age, sex, and so on.
The costs of initially producing an intermediate product should be considered in deciding whether to further process a product, even though the costs will not change, regardless of the decision
Indicate whether the statement is true or false
Judicial review is the power ________
A) to reorganize the panel of Supreme Court judges B) to determine whether a statute is constitutional C) to change the working of the federal courts D) given to the Senate to amend laws