All of the following statements is incorrect concerning stale checks except: ______
A) A check is stale when dated more than six (6 ) months before presentation to the bank.
B) Banks are required to pay stale checks unless a stop payment order has been issued.
C) Banks can pay in good faith after three (3 ) months.
D) Stale checks do not have to be verified with the bank's customer.
A
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Which of the following is a correct statement regarding payment in a contract for the sale of goods transaction?
A. As a general rule, the buyer cannot inspect the goods before payment. B. The buyer and seller may not agree in their contract that the price of the goods is to be paid in other goods. C. The buyer and seller may not agree in their contract that the price of the goods is to be paid in services. D. If there is no agreement for extending credit to the buyer, the buyer must pay for them on delivery.
When a bond issue is converted into common stock, total contributed capital is increased by the carrying value of the bonds converted
Indicate whether the statement is true or false
Transformational leaders are generally thought to need to be ________.
a. Pedants b. Charismatic c. Transactional d. All of the above
Richard owns the following portfolio of securities. What is the beta for the portfolio?
Company Beta Percent of Portfolio Apple 2.50 25% Wells Fargo 0.65 50% eBay 1.70 25% A) 1.00 B) 0.65 C) 1.62 D) 1.38