A drawee is primarily liable on a draft when ________

A) the instrument is issued
B) the instrument is dishonored
C) the instrument is presented for payment
D) the drawee is an acceptor to the instrument


D

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A required disclosure of a direct financing lease is that the cost of property on lease and the amount of the total accumulated depreciation

Indicate whether the statement is true or false

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Comment on the following statement: "Legacy systems use flat file structures."

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Pecking order is a hierarchy of financing beginning with retained earnings, followed by debt financing, and finally external equity financing

Indicate whether the statement is true or false

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The feeling of disgust reflects the presence of which moral intuition?

A. Purity/sanctity B. Authority/respect C. Harm/care D. Fairness/reciprocity

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