To be negotiable, an instrument must be in writing

Indicate whether the statement is true or false


T

Business

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Federal judges of the U.S. district courts are appointed for 14-year terms.

Answer the following statement true (T) or false (F)

Business

The commonly cited price for a bond in the financial press and on the Internet is usually its _____ bond price.

A. clean B. dirty C. premium D. discount E. accrued

Business

The purchase and sale of debt and equity securities would appear in which section of the statement of cash flows?

A) Operating activities B) Investing activities C) Financing activities D) Noncash investing and financing activities

Business

Transfer warranties cannot be disclaimed if the indorsement states "without recourse."

Indicate whether the statement is true or false

Business