TriState Bank agrees to accept a check by setting aside sufficient funds to cover the amount. This check is considered
A) cashed
B) certified.
C) deposited.
D) a provisional credit.
B
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A(n) ________ is a conceptual scheme based on foundation statements, which are assumed to be true
A) experiment B) theory C) objective D) incident E) investigation
Define these terms: usage of trade, course of dealing, and course of performance and identify how they are used according to the UCC
The least effective way to retain human capital is to
A. require employees to sign agreements that prevent them from working for competitors in the future. B. provide employees with financial and nonfinancial rewards and incentives. C. provide employees with a challenging and stimulating work environment. D. encourage employee identification with organizational mission and goals.
Consider each of the following bonds: Bond A: 8-year maturity with a 7% annual coupon.Bond B: 10-year maturity with a 9% annual coupon.Bond C: 12-year maturity with a zero coupon.? Each bond has a face value of $1,000 and a yield to maturity of 8%. Which of the following statements is NOT correct?
A. Bond A sells at a discount, while Bond B sells at a premium. B. If the yield to maturity on each bond falls to 7%, Bond C will have the largest percentage increase in its price. C. Bond C has the most reinvestment risk. D. Bond C has the most price risk. E. If the yield to maturity is constant, the price of Bond A will continue to increase over its life until it finally sells at par.