When a person indorses a check, the indorser assumes contractual liability based on the indorsement. This liability expires unless presentment is made

a. within 3 days of indorsement.
b. within 7 days of indorsement.
c. within 30 days of indorsement.
d. within a reasonable time after the indorsement.


c

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A ________ allows the debtor in possession to avoid any obligation that he or she would otherwise be forced to perform.

Fill in the blank(s) with the appropriate word(s).

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Marketing channels make it possible for target customers to buy the product at their desired points of purchase

Indicate whether the statement is true or false

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Answer the following statements true (T) or false (F)

1.Antidumping duties result in an increase in consumer surplus. 2.The result of antidumping duties is to impose a floor on foreign prices. 3.According to U.S. trade law, dumping is defined as selling a product at a price that is greater than fair value. 4.The most likely/common reason for international dumping is that firms are international price discriminators, responding to different demand conditions in different markets.

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Which of the following is a true expression of Marx's concept of alienation?

A. Alienation means the separation and distinction of one social class from another. B. Alienation is the result of work that prevents the full development of human potential. C. The capitalistic system does not inevitably mean a life of alienation for workers. D. Alienation is the result of low wages.

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