Lance indorses a promissory note to Connie in exchange for consideration. Unknown to Lance, the note is not good because the maker's signature was forged. Connie later attempts to present the instrument for payment to the original alleged maker, Lilly, who is able to deny liability for payment due to the forged signature. Connie may later sue Lance for breach of a transfer warranty
a. True
b. False
Indicate whether the statement is true or false
True
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Credit cards are
A. not counted as money because they represent borrowings and not payments. B. counted as part of M1. C. the same as stored-value cards. D. counted as part of M2, but not M1.
________ is a social network that concentrates majorly on music and entertainment
A) LinkedIn B) Twitter C) MySpace D) Orkut E) Facebook
Which of the following factors is least likely to come into play in the consideration of decision-making in the Vroom/Jago approach?
a. the significance of the problem at hand b. the amount of commitment of the followers c. the day-to-day interactions of the followers d. the followers’ ability to work together as a team
Answer the following statements true (T) or false (F)
1. There is no need for managers to have employees participate in developing the budget because the budget is a management tool. 2. strategic budget is a long-term financial plan used to coordinate the activities needed to achieve the long-term goals of the company. 3. An operational budget is a short-term financial plan that coordinates activities needed to achieve short- term goals. 4. A strategic budget will be as detailed as an operational budget. 5. A static budget is a financial plan for only one level of sales volume.