Jane Lane, a sole proprietor, has in her possession several checks that she received from her customers. Lane is concerned about the safety of the checks since she believes that many of them are bearer paper that may be cashed without endorsement. The checks in Lane's possession will be considered order paper rather than bearer paper if they were made payable (in the drawer's handwriting) to the
order of:
a. Cash.
b. Ted Tint, and indorsed by Ted Tint in blank.
c. Bearer, and indorsed by Ken Kent, making them payable to Jane Lane.
d. Bearer, and indorsed by Sam Sole in blank.
.C
You might also like to view...
Answer the following statements true (T) or false (F)
1. Organizations should focus on high salary and bonus structures in order to recruit and retain millennials. 2. There are five core dimensions of jobs according to the job characteristics model, including skill variety and autonomy. 3. According to the job characteristics model, a challenging role tends to stifle creativity. 4. There are four main beliefs associated with psychological empowerment: meaningfulness, self-determination, competence, and influence. 5. Self-determination is the understanding of skills, knowledge, and strengths that enable a person to make choices and initiate work tasks.
In the marketing communication process, the marketer can act as both sender and receiver
Indicate whether the statement is true or false
Lenart Corporation has provided the following data for its two most recent years of operation: Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$6Variable manufacturing overhead$4Fixed manufacturing overhead per year$70,000Selling and administrative expenses: Variable selling and administrative expense per unit sold$6Fixed selling and administrative expense per year$83,000 Year 1Year 2Units in beginning inventory01,000Units produced during the year10,0007,000Units sold during the year9,0006,000Units in ending inventory1,0002,000The unit product cost under absorption costing in Year 2 is closest to:
A. $23.00 B. $10.00 C. $33.00 D. $39.00
Which famous management academic argued that there are five natural’ configurations that fit the different tasks organizations have to accomplish.
a. Lex Donaldson b. Stewart Clegg c. Henry Mintzberg d. Montgomery Burns