Rainey signs a promissory note for $10,000 in favor of State University (SU). The note is undated but specifies that it is "payable one month after date." This note is

A. negotiable.
B. nonnegotiable, because one month is not a reasonable time.
C. nonnegotiable, because there is no option to pay early.
D. nonnegotiable, because the maturity date cannot be determined from the face of the instrument.


Answer: D

Business

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An itemized rating scale describes a measurement scale in which respondents rate the objects by placing a mark at the appropriate position on a line that runs from one extreme of the criterion variable to the other

Indicate whether the statement is true or false

Business

Formulate an objective function and constraints to model this situation

The international man of mystery knew the finest haberdashers the world over and constantly sought to expand his dazzling array of fine suits, ties, and cufflinks. Closet space was at a premium however, so purchases were carefully weighed. Each suit provides 23 units of dazzlement, each tie 14, and a set of cufflinks is worth an easy 8. A suit takes up 0.5 cubic feet of closet space and $900 of budget. A tie costs $135 and cufflinks cost $100 per set. Cufflinks are tiny — even in the original box, they take up only .01 cubic feet while ties occupy a lusty .25 cubic feet. He has budgeted $12,000 for clothes on this trip and has 20 cubic feet of closet space left to fill.

Business

Rhonda has been working for 42 years and has reached retirement age. She is eligible for the 401(k) employee-contribution retirement plan. Based on the given information, Rhonda most likely works in:

A. a Christian mission hospital. B. the United Nations Security Council. C. the U.S. Department of Treasury. D. a steel manufacturing company owned by an industrialist.

Business

When there are conflicts among managerial goals in U.S. markets, the most important priority is to ________

A) increase the current market value of equity B) keep all of the company's customers happy C) foster good relationships with the community D) maintain a safe and happy work place

Business