Lolek, who owes Stanislaw money, indorses a draft to him with the term "without recourse." The instrument later is dishonored. Which of the following types of indorsers is Lolek?
A) a holder
B) an agent
C) an unqualified indorser
D) a qualified indorser
D
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Which of the following is a not a major disadvantage of Web-based retailing from a retailer's perspective?
a. the need to register with the appropriate search engines b. the difficulty in accurately portraying color and texture c. receiving Web-based sales from traditional bricks-and-mortar customers d. the need to constantly maintain the Web site
Lueckenhoff Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hours. The company based its predetermined overhead rate for the current year on total fixed manufacturing overhead cost of $497,000, variable manufacturing overhead of $2.40 per direct labor-hour, and 70,000 direct labor-hours. The company has provided the following data concerning Job T498 which was recently completed:Number of units in the job40Total direct labor-hours80Direct materials$ 950Direct labor cost$ 2,720The amount of overhead applied to Job T498 is closest to:
A. $192 B. $568 C. $760 D. $952
Which product characteristic affecting the rate of adoption of a new product represents the degree to which the benefits or other results of using the product can be communicated to target customers?
A. observability B. diffusion C. adoption D. trialability E. complexity