A & D, Inc wrote a negotiable note payable to Vicy, Inc for the purchase of some satellite receivers. A & D left the amount of the note blank because it was uncertain as to amount of the applicable tax. Vicy completed the note for $3,000 more than A & D actually owed for the receivers it purchased. The note was negotiated to a holder in due course. A & D will not have to honor the note as this
constituted fraud in the execution.
a. True
b. False
Indicate whether the statement is true or false
False
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According to the innovator's dilemma:
A) the computing power of a microprocessor doubles every 18 months. B) markets that don't exist can't be analyzed. C) well-managed companies that listen and respond to needs of established customers may miss opportunities to innovate. D) regulation of e-commerce activities will increase at a rate that is directly proportional to the growth of e-commerce revenues. E) innovations are copied soon after they are discovered.
Major Company uses the lower of cost or market rule in valuing its inventory and applies it using the LIFO method. The floor constraint for one item in the inventory is $58.20. The following is other information concerning this unit: Transportation costs $ 5.00 Normal profit margin 12.70 Packaging costs 5.20 The market value for this item is
A) $58.20 B) $70.90 C) $75.90 D) $81.10
What is (are) the major reason(s) more research is not used in public relations program planning, monitoring, and evaluation?
A. Lack of funds D. Both A and C B. Lack of research skills E. Both B and C C. Lack of management pressure
ABC Corporation would like to evaluate three production processes (A, B, and C) to accommodate the changes in demand for its products. The fixed and variable cost per unit are tabled here. Determine the production volume at which costs of Processes B and C are equal.
a. 2,000
b. 3,000
c. 4,000
d. 1,000