A person who receives an instrument as a gift normally becomes an ordinary holder.

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


True

Business

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The earnings of workers whose services are considered to be indirect labor must be charged directly to the jobs on which they worked

a. True b. False Indicate whether the statement is true or false

Business

Having 3 geographically dispersed service desks, providing 24-hour coverage, with analysts only working during the usual business hours for their location is an example of the follow the sun service desk approach.

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

Business

A choice-of-law clause specifies which law will apply in the event of a dispute and is a good idea to include.

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

Business

All of the following are exempt from registration under the 1933 Act except:

a. government bonds. b. securities issued by for-profit medical facilities. c. notes with a maturity of not more than nine months when issued for working capital. d. state-regulated insurance company annuities.

Business