Public warehouses do not furnish security for products being used as collateral for loans.

Answer the following statement true (T) or false (F)


False

Business

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Power derived from ________ is a special form of information power accorded to those seen as having achieved some level of command and mastery of a body of information.

What will be an ideal response?

Business

A bank may pay a check after the death of its customer for ten days following the date of his death unless a person claiming an interest in the account orders the bank to stop making such payments

a. True b. False Indicate whether the statement is true or false

Business

Pacific Motors Inc. plans to issue $3,000,000 of commercial paper with a 6-month maturity at 98% of par value. What is the discounted selling price of the firm's commercial paper?

A) $3,000,000 B) $2,940,000 C) $2,700,000 D) $2,666,667

Business

One may have rights and obligations imposed by law even when no real contract exists

Indicate whether the statement is true or false

Business