What is a similarity between a demand draft and a trade acceptance?
A) both are examples of sight drafts
B) both require credit to be extended to the buyer
C) both have the drawer to be the payee as well
D) both are considered two-party transactions
A
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Assume you have the assignment of preparing all the paperwork necessary for a new small corporation. What will you be preparing?
What will be an ideal response?
In the early days of the telephone, it was customary to greet your caller with "____."
A. Ahoy-hoy B. Good day C. Yes D. Howdy-hoo
Minimum legal capital requirements are intended to protect creditors.
Answer the following statement true (T) or false (F)
Welterwes, a multinational company, has 15 members in its top management. These executives have to abide by the same company policies as the other employees. However, when it came to light that the executives were not following the appropriate office timings and were abusing their power, the HR department had to pass new policies aimed specifically at the top management. These policies stated that the executives would lose a part of their monthly commission if they failed to abide by the company policies. Identify the dimension of the social environment that this scenario exemplifies.
A. Ethics B. Income C. Age D. Diversity