An indorsement that does not specify a particular indorsee is known as a ________
A) blank indorsement
B) special indorsement
C) qualified indorsement
D) restrictive indorsement
A
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An electronic time management system is a computer based system that captures, stores, and reports time
Indicate whether the statement is true or false
Segregation of duties, as a control procedure, is most often used
a. when the task involved is complex. b. when it is impossible for one person to complete a task. c. when appraisals are conducted. d. when cash is involved.
A firm can produce at a lower cost than its competitors by ______.
A. achieving economies of scale B. increasing the cost of raw materials and labor C. using cheap raw materials and inputs D. cutting corners in production
Toughones, a car part manufacturer, signed a contract to license computer software from Vizera Inc for $250,000. This software is to be used to keep track of inventory, accounts receivable, and other financial data
After the software was installed, the computer system worked, but it had a few glitches. Toughones refused to pay the full amount mentioned in the contract. To settle the dispute, the parties agree that $180,000 is to be paid as full and final payment for the software. Toughones paid $180,000 as agreed. What kind of agreement did Toughones and Vizera reach in the end? A) accord and satisfaction B) preexisting duty C) counteroffer D) mirror image acceptance