The situation in which an individual impersonates the holder of a savings account and, by presenting a forged withdrawal slip to the savings bank, receives from the bank a check payable to the bank's customer, is covered by the:
A) impostor rule
B)negotiation rule.?
C)assignment rule.?
D)bank rule.
A
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Which of the following has been a primary source of productivity gains in the years 1995 to 2001?
A. Reduced standards of living. B. Recessionary spending. C. Reemphasis on ethical business behaviors. D. Enterprise resource planning software systems. E. Reduced costs of raw materials through globalization.
Which of the following statements is TRUE if a bond is issued for an amount higher than face value?
A) The bond's stated interest rate is less than the prevailing market interest rate at time of sale. B) The bond's stated interest rate is the same as the prevailing market interest rate at time of sale. C) The bond's stated interest rate is more than the prevailing market interest rate at time of sale. D) The bond is not secured by specific assets of the issuer.
What alternative HR organising models could SMEs and family-run businesses use? Outline the strengths and limitations of these alternatives.
What will be an ideal response?
A company purchased land with a building for a lump-sum cost of $2,570,000 ($500,000 paid in cash and the balance on a long-term note). It was estimated that the land and building had market values of $600,000 and $2,400,000, respectively.Determine the cost to be apportioned to the land and to the building and prepare the journal entry to record the acquisition.
What will be an ideal response?