Fanny signs a note "payable to the order of Guaranty Bank." Guaranty indorses the note in blank and negotiates it to Haji, who sells it to Iona. Liability associated with the transfer of the note from Haji to Iona is
A) conceptual
B) contractual.
C) signature.
D) warranty.
D
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Answer the following statements true (T) or false (F)
1.In some cultures, verbal assertions of the right to power on the part of individuals are repressed. 2.Roger expects people he likes to like what he like and people he doesn’t like to dislike what he likes. This is an example of minimal justification for action. 3.Arturo knows what Isabella wants, he is able to provide it, he lets her know this ability exists, and reveals what she needs to do for her to have what it is she wants. This is an example of legitimate power. 4.Ron really likes Hermione and wants to be like her so she will like him. When she asks him to carry her wand to the train station, Ron complies with the request. It would appear that Hermione exerts reference power over Ron. 5.Janice has always loved Aunt Tilly’s homemade apple pie, but every attempt she has made to duplicate the recipes has ended in disappointment even though she asker Aunt Tilly to write down the recipe and instructions. When Aunt Tilly comes to visit, Janice asks her aunt to help her make two of those delicious pies. The two make the pies together and Janice follows every step as instructed by Aunt Tilly. The pies turned out to be perfectly baked because Janice followed Aunt Tilly’s direction rather than the way she thought she should make the pies. Aunt Tilly exhibits expert power in this case.
If a calculator company produces 100,000 hand calculators at a cost of $10, but the cost drops to $9 when it produces 200,000 and $8 when it produces 400,000 hand calculators, the decline in average cost with accumulated product experience is called
the price elasticity of demand. Indicate whether the statement is true or false
Insider trading is considered unethical, but it is not illegal in the United States
Indicate whether the statement is true or false
If management wants to maximize its stock price, and if it believes that the dividend irrelevance theory is correct, then it must adhere to the residual distribution policy.
Answer the following statement true (T) or false (F)