If an instrument is payable jointly using the word "and," both persons' indorsements are necessary to negotiate the instrument
Indicate whether the statement is true or false
TRUE
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In a Chapter 7 bankruptcy, the highest priority claim is a:
A) Debt owed for child support. B) Tax obligations. C) Wages earned by the debtor's employees. D) Secured creditors.
Shekhar invests $1,820 in a mutual fund at the end of each of the next six years. If his opportunity cost rate is 8 percent compounded annually, how much will his investment be worth after the last annuity payment is made? Use the equation method to calculate the worth of the investment. (Round your answer to two decimal places.)
A. $11,125.76 B. $11,857.58 C. $12,580.20 D. $13,351.39 E. $14,871.32
Hafsa and Nicholai form a limited liability company to conduct a particular business activity for profit. Which of the following is not true?
A) The articles of organization must be filed in a designated state office. B) No particular form of organization is required. C) The company name must include the words "limited liability company" or "limited company" or the abbreviation "LLC" or "LC." D) The contribution of a member may be a promissory note.
A network diagram depicts a Gantt chart
Indicate whether the statement is true or false