A check involves three parties. The person directed to receive the money is called the
A. drawer.
B. drawee.
C. payee.
D. endorser.
Answer: C
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Manufacturers of systems such as razors and ink jet printers use a system of pricing called "two-part pricing"?one price for the disposable products and another for the "hardware."
Indicate whether the statement is true or false
A firm's bank reconciliation statement shows a book balance of $15,820, an NSF check of $400, and a service charge of $20. Its adjusted book balance is
A. $15,440. B. $16,200. C. $15,400. D. $16,240.
Lisle Hair Company keeps track of the gender and age of its customers so it can target e-mails to them and be sure to have the right hair products in stock when they visit. This is an example of the use of demographics in marketing.
Answer the following statement true (T) or false (F)
Upward communication is usually
A) more formal than downward communication. B) front-loaded with pathos. C) geared toward the secondary, higher-level audience. D) adapted to the writer's preference of style and diction. E) more authoritarian in tone than other messages.