Diego is the payee of a bearer instrument—a promissory note in the amount of $1,000. Emil offers to harvest Diego's field of alfalfain October in ex¬change for the note. Diego agrees and delivers the note to Emil. Emil is not an HDC of the note because he
a. was not the original payee on the note.
b. did not take the note without notice.
c. did not acquire the note in good faith.
d. did not give value for the note.
D
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Chumley’s specialty wool sock business offers a generous credit policy to its customers and is hesitant to rush them to pay. Lately, he has experienced cash shortages even though sales are steady and costs are stable. Which of the following would you recommend he examine first?
a. His bank’s lock box policy b. His company’s economic order quantity c. Pledged accounts receivable d. The average collection period
Once the organization elevates its constraint, its system has no constraint
Indicate whether the statement is true or false
The practitioner’s charge, with respect to change, is to ______.
a. help the organization develop and manage the change that it seeks to create, giving the opportunity for participation and thereby transitioning ownership to organization members. b. to impose the change on the group or demand it of the individuals. c. contribute to organizational decision-making processes in an effort ensure organizational members are involved. d. essentially mandate change whether there is enthusiastic members within the organization or not.
In the context of small businesses, franchises tend to fail because of unsuccessful marketing.
Answer the following statement true (T) or false (F)