A definite time required for negotiability would NOT be satisfied in which instance?
A) Payable on or before January 1, 2015
B) Payable one week after demand is made
C) Payable one year from the completion of the building
D) A dated instrument payable "90 days after date"
C
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According to Turkle, no matter how valuable Twitter and Facebook are, they do not substitute for ______.
Fill in the blank(s) with the appropriate word(s).
In an activity-based costing system, direct materials used would typically be classified as a unit-level cost.
Answer the following statement true (T) or false (F)
If communication of an offer occurs after the act of acceptance:
a. a proper acceptance can take place b. a delayed acceptance takes place c. a proper acceptance did not take place d. the offeror must behave as though a proper acceptance took place if the offeree insists e. the court system will decided whether proper acceptance can take place after the fact
Morten Co., which uses the double-declining-balance method of depreciation, purchased a new machine on January 1, 2018. The machine cost $160,000, had an estimated useful life of 8 years and $20,000 residual value at the end of its useful life.What is the depreciation expense for 2018?
A. $10,000 B. $20,000 C. $40,000 D. $30,000