A commercial instrument where one party has a legal obligation to pay another party a certain sum of money and involves a maker and a payee only is called:
a. a check b. a note
c. a debit d. a draft
e. a certificate of deposit
b
You might also like to view...
Penny had carelessly left marbles on the steps of her house. When Bijou came to visit, she broke her leg by slipping on those marbles and severely damaged her spine. While in the hospital recovering from her fall, her body being weak from all the antibiotics, readily contracted a viral infection. Under these circumstances, Penny is most likely to be liable:
A. only for Bijou's viral infection. B. for neither problems because Bijou should have been careful. C. for injuries sustained by Bijou and also for the viral infection. D. only for the damage to Bijou resulting from her fall.
The NLRB evaluates election conduct using the _______________________________ doctrine, also known as the General Shoe doctrine.
Fill in the blank(s) with the appropriate word(s).
Which form of transportation dominates the industry in terms of revenue?
a. air b. water c. pipeline d. truck e. taxi
Fact Pattern 41-1BShrimp Boat Company decides to consolidate its operations with Trawlers, Inc., to form Coastal Fishers Corporation (CFC).Refer to Fact Pattern 41-1B. Trawlers had rights in certain property. After the consolidation, CFC acquires the rights
A. automatically. B. only after completing certain additional statutory procedures. C. only if Trawlers' former shareholders expressly approve. D. only if the acquisition is a specified result of the consolidation.