Coppersmith executed and delivered negotiable notes to the payee, Charlene. The payee indorsed the notes to Whitehurst but did not deliver them. Instead, she kept the notes in her possession because she wanted to collect the interest during her life and
wanted the indorsee to have the notes on her death. After Charlene's death, her executor, Cartwright, found the notes. Both Cartwright and Whitehurst sought to enforce the notes against Coppersmith. Who was entitled to do so?
Cartwright. As executor of the payee, Cartwright acquired by operation of the law the right to enforce payment by assignment. The indorsement to Whitehurst was not effective to negotiate the instruments because negotiation required both indorsement and delivery by the person to whom they were then payable, and there had been no delivery.?
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On August 31 of the current year, the assets and liabilities of Gladstone, Inc. are as follows: Cash $30,000; Supplies, $600; Equipment, $10,000; Accounts Payable, $8,500. What is the amount of stockholders' equity as of August 31 of the current year?
A. $49,100. B. $32,100. C. $10,900. D. $30,900. E. $12,100.
What dollar amount in U.S. retail sales is lost each year due to employee theft, customer shoplifting, and vendor theft?
a. $15 billion b. $45 billion c. $75 billion d. $100 billion
A ________ has an ownership or other interest in the collateral and owes payment of a secured obligation
A) creditor B) debtor C) seller D) lender
"Some of our competitors are putting us to shame with their use of technology-not only out in the field, but at the current tradeshow," said Marty. "I toured all of the tradeshow displays and took notes on what our competitors are doing, so that we can compare our practices and technologies with those of our competitors. I'll bet we can learn a thing or two." Marty has been engaged in
A. a SWOT analysis. B. benchmarking. C. reverse mentoring. D. a technology audit. E. a gap analysis.