Jessie is the maker of a $1000 promissory note in favor of Tyler. Tyler subsequently indorses the note to Ryan by signing just his name. Ryan in turn indorses it to Breanna by indorsing the back of the note, "Without recourse, Ryan." Breanna then indorses it to Liz, the present holder, with a special indorsement. If the note is dishonored by Jessie after it is properly presented to her for
payment by Liz, then Liz, after giving timely notice to Tyler, Ryan, and Breanna, may collect payment under signature liability from:
a. Tyler only.
b. Breanna and Tyler only.
c. either Tyler, Ryan, or Breanna.
d. neither Tyler, Ryan, nor Breanna.
b
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Process costing is most useful in situations where there is a large number of heterogeneous products
Indicate whether the statement is true or false
If the standard deviation of demand is 100 units and the average demand is 1000 units, then we can
be 95% confident that actual sales will be 1000 units plus or minus about: A) 400 units. B) 150 units. C) 100 units. D) 300 units. E) 200 units.
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A) relative price levels B) tariffs and quotas C) productivity D) all of the above.