Tyron purchased a $2900 promissory note from Jared for the discounted amount of $2500 . Tyron paid value, in good faith and without notice of any outstanding claims against this promissory note that read, "Pay to the order of Jared $2900 on July 1, 2009, for the purchase of a 2001 Ford Taurus provided no major problems with the car arise prior to said payment date." Tyron is a holder in due
course of a negotiable note.
a. True
b. False
Indicate whether the statement is true or false
False
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The PCAOB makes it clear that the CEO and CFO are responsible for the internal control over financial reporting and the preparation of the statements.
Answer the following statement true (T) or false (F)
The purpose of marketing is to track every financial transaction within a company-from a few cents expenditure to a multimillion-dollar purchase, from salaries and benefits to the sale of every item.
Answer the following statement true (T) or false (F)
Conversion costs include ________.
A) direct labor and manufacturing overhead costs B) direct material and direct labor costs C) product and period costs D) direct material, direct labor, and manufacturing overhead costs
An essential characteristic of enduringly great companies is that they
A. focus on beating the competition. B. are solely driven by incremental improvements. C. undergo continuous change. D. are risk averse. E. oppose experimentation.