Which of the following is not required in order for someone to be a holder in due course of a
negotiable instrument?
A) Take the instrument for value
B) Take the instrument directly from the maker or drawee
C) Take the instrument in good faith
D) Take the instrument without notice of any defenses
B
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Putting yourself in another's place and communicating respect and understanding is called
A) equality B) evaluation C) empathy D) neutrality
The term ________ refers to the value people place on their public image or reputation.
Fill in the blank(s) with the appropriate word(s).
Which top-down budgeting method is being employed when the budget is determined based on what is felt to be necessary?
A. affordable method B. payout planning C. percentage of sales D. competitive parity E. arbitrary allocation
The letter "K" used in lot sizing makes the order quantities:
A) order the big items more often and the low volume items less often. B) decrease the average inventory by gradually ordering more often. C) increase the average inventory. D) maintain the current inventory level while decreasing the number of orders. E) balance the safety stock of items with demand.