Which of the following is not true?
A) To have the full benefit of negotiability, negotiable instruments not only must meet the requirements of negotiability but also must be acquired by a holder in due course.
B) A transferee of a negotiable instrument can acquire rights no greater than those of the transferor.
C) A holder in due course takes a negotiable instrument free of most of the defenses to which an assignee would be subject.
D) The number of checks written each year has decreased in recent years.
B
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Indicate whether the statement is true or false.
Which of the following will help determine if the source has current or relevant information?
A) Do other sources agree with this information? B) Does the author provide support for claims? C) Is the source published by a reputable press, or is the website sponsored by a reputable organization? D) Does the author cite sources for numbers, facts, or research findings? E) How current is this information?
In many high-end resort markets, Westin hotels compete directly with Crown Plaza hotels. When it comes to pricing, Westin tends to charge its guests similar rates to what the Crown Plaza hotels charge. Westin is using a ________ pricing strategy.
A. competitive parity B. target profit C. sales oriented D. target return E. maximizing profits
Brent has designed a barbeque smoker that will sell for $29.99 and appeal to campers. The product includes a disposable unit that will protect the food during smoking and make cleanup easier. What revenue model is Brent planning on?
a. intermediation b. razor-and-razor-blade c. intangible sales d. subscription