Emma calls her bank to issue an oral stop payment order on a check on March 1st. She then leaves town for two weeks to visit her mother. When she returns, she goes to the bank to sign a written stop payment order, but finds the bank has already paid the check. What recourse does she have? Explain
She may not have any recourse if she ordered the stop payment after the check had cleared the bank, or if it was paid more than 14 days after she ordered the stop payment orally. If the stop payment order was received in time for the bank to act, and if the check was paid within 14 days of March 1st, the bank must reimburse Emma for the amount she can establish as a loss as a result of the bank's payment over her stop payment order.
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The British labor relations system of voluntarism provides little protection for unionization and instead relies on the relative economic strength of employees to push for their demands and employers to resist their demands. This system is most closely aligned with:
A. Mainstream economic model. B. Human resource management model. C. Industrial relations model. D. Critical industrial relations model.
Which of the following is NOT true regarding mortgaged-backed securities (MBS)?
A) The MBS process allows the mortgage bank or other financial institution that made the original mortgage loan to get its money back out of the loan and lend it to someone else. B) Securitization provides liquidity to the mortgage market and makes it possible for banks to loan more money to home buyers. C) MBS are sold to investors who can hold them as an investment or resell them to other investors. D) All of the above statements are true.
Because social responsibility has proven to have a limited return on investment, the number of businesses opting to act socially responsible is declining.
Answer the following statement true (T) or false (F)
Which of the following portrays the improved product development benefit of a customer relationship management (CRM) system?
A) learning how each customer defines product and service quality so that customized product, pricing, and services can be designed or developed collaboratively B) providing product information, sales status, support information, issue tracking, and so on C) providing integrated information that removes information handoffs thereby speeding both sales and support processes D) enabling improved record keeping and efficient methods of capturing customer complaints that help to identify problems faster E) tracking customer behavior over time that helps to identify future opportunities for product and service offerings