Who are the parties to checks and notes?
A check involves three parties. The drawer of a check is the person who issues it. The drawee is the party who is ordered to pay a fixed amount of money to the payee. In the case of a check, the drawee is a bank. A note involves two parties: the maker, who promises to pay, and the payee, the person to whose order the instrument is made payable.
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A S.W.O.T. analysis
A. identifies a firm's "strengths, weaknesses, opportunities, and threats." B. focuses on what a firm plans to do to "Satisfy Wishes of a Target" customer. C. helps defend against potential competitors by developing a set of competitive "safeguards, weapons, offensives, and tactics." D. seeks to reduce the risk of competitive surprises by scanning the market for "signals, warnings, omens, and tips." E. summarizes a firm's "strategy, wishes (of its customers), outlook, and tactics."
Under the periodic inventory system, at the end of the accounting period, the merchandise inventory account is credited for the beginning inventory amount
Indicate whether the statement is true or false
Negotiators may appear to act irrationally for which of the following reasons?
A. they are uninformed B. as a hard bargaining tactic C. they have hidden constraints D. Negotiators may act irrationally for any of these reasons.
Learned and shared patterns in a group or society is referred to as _____
A) culture B) ego C) ethnocentrism D) respect E) stereotypes