Blayne writes a check "pay to the order of Cherry" drawn on Blayne's account at Dixie Bank. Cherry presents the check for payment to Dixie Bank, which accepts it. The bank is

A. not liable for payment.
B. primarily liable for payment.
C. secondarily liable for payment.
D. simultaneously liable, with Blayne, for payment.


Answer: B

Business

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Bennington Corp issued a $40,000, 10-year bond at the face rate of 8%, paid semiannually. How much cash will the bond investors receive at the end of the first interest period?

a. $800 b. $1,600 c. $3,200 d. $4,000

Business

Hermoine get aggravated when Ron completes her sentences because he thinks he “knows for sure what she is going to say.” Which of the following, in this instance, would Hermoine prefer that Ron do?

A. participate actively B. listen presumptively C. put himself in her shoes D. to make a sincere effort to listen to her message

Business

Because culture is not directly observable

A. it is likely to be impossible to comprehend. B. it is best studied through language, since language is closest to culture. C. it is best ignored in foreign sales, to avoid mistakes. D. it is best learned about by observation of how it manifests itself.

Business

The comparison of the financial data of a single company for two or more years is called horizontal analysis

Indicate whether the statement is true or false

Business