Jan Arthur writes a $200 check to Bruce Nole who indorses it "Bruce Nole." Bruce gives the check to Anne Tate who indorses it "Without Recourse. Anne Tate." Anne sends the check to Joe Black, MD to pay her medical bill. If the bank refuses to honor the check, Black:
A) can only collect from Jan Arthur.
B) can only collect from Jan Arthur or Bruce Nole.
C) can collect from the drawer or any indorser whose name appears on the check.
D) has no recourse.
B
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A corporation paid a cash dividend of $0.85 per share during the current year. It had 1,550,000 common shares outstanding at year-end, its current year earnings per share was $3.45, and the stock's year-end market price was $10.63 per share. Calculate the company's dividend yield.
What will be an ideal response?
State courts of limited or special jurisdiction include:
a. municipal courts b. justice of the peace courts c. probate courts d. small claims courts e. all of the other choices are correct
What is the primary objective of the equity method of accounting for an investment?
What will be an ideal response?
Governments and other nonprofits receiving federal funds follow Governmental Auditing Standards and do not have to comply with AICPA Statements of Auditing Standards.
Answer the following statement true (T) or false (F)