Personal and real defenses are valid against an ordinary holder, only real defenses can be used against a holder in due course

a. True
b. False
Indicate whether the statement is true or false


True

Business

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How much is the cost of goods manufactured?

Vermont State, Inc. used $153,000 of direct materials and incurred $63,000 of direct labor costs during the year. Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of $53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending finished goods inventory, but Work-in-Process inventory began the year with a $5000 balance and ended the year with a $7400 balance. A) $12,400 B) $1,003,400 C) $1,010,800 D) $1,005,800

Business

Performance excellence ends with the organization’s mission, vision, and values.

a. True b. False

Business

A typical PMO could supply a company's project manager with assistance in:

A) Composing a project culture document. B) Establishing organizational structure. C) Crafting a mission statement. D) Resource allocation.

Business

A general rule of thumb among marketing researchers is to use ________ first and then collect ________.

A. internal primary data; external primary data B. external secondary data; internal primary data C. secondary data; primary data D. primary data; secondary data E. observational data; questionnaire data

Business