An indorsee who accepts a defective instrument qualifies as a holder in due course
Indicate whether the statement is true or false
FALSE
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A truck that cost $12,000 was originally being depreciated over four years using the straight-line method with no salvage value. If after one year, it was decided that the truck would last an additional four years (or a total of five years), the second year's depreciation would be
a. $1,500 b. $2,250 c. $2,400 d. $3,000
Which of the following is true of a share exchange?
A) The subsidiary corporation ceases to exist after the share exchange. B) The legal existence of both corporations is retained after the exchange. C) The shares of both parent and subsidiary corporations are divided equally between themselves. D) The subsidiary corporation can have a maximum of three shareholders in the exchange.
Give an example of the two main kinds of organizational justice.
What will be an ideal response?
Corporate employees receive approximately ________ e-mail messages a day
A) 35 B) 40 C) 25 D) 50