Demi possesses a check that is "payable to bearer." Esther steals the check and delivers it to Fern. All rights to the check are
A. Demi's.
B. Esther's.
C. Fern's.
D. no one's.
Answer: C
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When one company purchases less than 50% of equity securities in a second company, which of the following statements is true?
a. The purchaser is referred to as the parent. b. The purchaser is referred to as the subsidiary. c. The company whose securities are purchased is the subsidiary. d. The company whose securities are purchased is the investee.
Extraordinary repairs are recorded with a debit to Accumulated Depreciation
Indicate whether the statement is true or false
Use this information to answer the following question. Pinnacle Corporation has 90,000 shares of $10 par value common stock outstanding. The following transactions occurred during the year: Mar. 17 Declared a 10 percent stock dividend to stockholders of record on March 20. Market value of the stock was $22 on March 17. 30 Distributed the stock dividend. The entry to record the transaction of
March 17 is: A) Stock Dividends 198,000 Common Stock Distributable 90,000Additional Paid-in Capital 108,000 B) Common Stock Distributable 90,000 Common Stock 90,000 C) Common Stock Distributable 198,000 Common Stock 90,000Retained Earnings 108,000 D) Stock Dividends 198,000 Cash 198,000
Despite facing a difficult mission, Oscar's citizens advisory committee is marked by strong relationships and mutual respect among all its members. It is clear that the committee has translated ________ into group norms.
A. goals and objectives B. social status C. emotional intelligence D. maintenance roles