Thalia signs an instrument unconditionally promising to pay to "Union Bank" $7500 with interest in installments with the final payment due June 1, 2017. ?Refer to Fact Pattern 23-3. The instrument that Thalia signed is most likely
A) a certificate of deposit

B) a draft.
C) an order to pay.
D) a promissory note.


D

Business

You might also like to view...

Polk, Inc produces 3,00 . hammers each day. The average number of units in work in process is 4,500 . having an average cost of $10,000 . The annual carrying costs relating to inventory are 15%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What is the current throughput time?

a. Eight hours b. Sixteen hours c. One day d. One and one half days

Business

Briefly describe the four qualities SBU objectives should have. Why are these qualities important?

What will be an ideal response?

Business

Omar asserts that a deal he entered into with Patty to sponsor and host a motivational conference for independent sales representatives is an unenforce-able contract. Defenses to the enforcement of a contract include A) a desire not to perform

B) insufficient capital. C) preliminary indications of unsatisfactory results. D) the lack of a party's voluntary consent.

Business

A computer that supports 10/100/1000 Ethernet allows for 10, 100, or 1000 ________ per second.

A. megabits B. kilobytes C. zetabits D. kilobits E. megabytes

Business