Which of the following best describes a restrictive indorsement?
A) It is an indorsement that has the effect of qualifying, thus limiting, the liability of the indorser.
B) It is an indorsement that attempts to prevent the use of the instrument for anything except the stated use.
C) It is an indorsement that designates the particular person to whom payment should be made.
D)It is an indorsement having no words other than the name of the indorser.
B
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What would be the amount of Non-Controlling Interest (NCI) appearing on the consolidated balance sheet on the date of acquisition (August 1, 2018), under the Proprietary Method, assuming that Parent purchased 80% of Sub Inc. for $180,000?
A) $0 B) $45,000 C) $36,000 D) The answer cannot be determined from the information given.
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Answer the following statement true (T) or false (F)
Whether at home or abroad, advertisers must study the audience and remember the basics of print advertising.
Answer the following statement true (T) or false (F)