Which of the following would constitute the creation of an assignment?

A) the transfer is of nonnegotiable instruments
B) a transfer qualifies as a negotiation under Article 3
C) a transferee qualifies as a holder in due course
D) the indorsement falls under the shelter principle


A

Business

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Cornelius Company purchased supplies on account. What account is credited?

What will be an ideal response?

Business

A refrigeration and heating company–one that installs and repairs home central air and heating systems–has asked your advice on how to analyze their service quality. They have logged customer complaints. Here's a recent sampling

Use the supplied template to construct a conventional cause-and-effect diagram. Place each of the complaints onto a main cause; justify your choice with a brief comment as necessary. 1. "I was overcharged–your labor rates are too high." 2. "The repairman left trash where he was working." 3. "You weren't here when you said you would be. You should call when you must be late." 4. "Your repairman smoked in my house."5. "The part you installed is not as good as the factory original." 6. "Your repairman was here for over two hours, but he wasn't taking his work seriously."7. "You didn't tighten some of the fittings properly–the system's leaking." 8. "Your estimate of repair costs was WAY off." 9. "I called you to do an annual inspection, but you've done more–work that I didn't authorize."10. "Your mechanic is just changing parts–he doesn't have a clue what's really wrong." 11. "Your bill has only a total–I wanted to see detail billing." 12. "Your testing equipment isn't very new–are you sure you've diagnosed the problem?"13. "One of the workmen tracked mud into my living room."

Business

A bond with a coupon rate of 8% will also have a yield to maturity of 8%

Indicate whether the statement is true or false

Business

Which of the following statements is true about NAFTA?

A. It is a free trade agreement between Canada and the United States. B. It was initiated by the United States. C. It is built on the Canadian Free Trade Agreement (FTA). D. It immediately eliminated tariffs among the United States, Mexico, and Canada. E. It was enacted in 2002 and encourages free trade.

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