If a transferred negotiable instrument fails to qualify under Article 3 of the Uniform Commercial Code (UCC), it is known as a(n) ________
A) assignment
B) nonnegotiable contract
C) indorsement
D) restrictive indorsement
A
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Jayson Enterprises uses the allowance method to account for uncollectible receivables. When an uncollectible account is written off, ________.
A) the Bad Debt Expense account is debited B) no entry is required because bad debt expense is estimated at the end of the accounting period C) the write off has no effect on net income D) the Allowance for Bad Debts account is credited
Describe the "consumer class" and note the implications for public relations professionals
What will be an ideal response?
Which of the following statements gives the best definition/description of the risk that is associated with an investment?
A. The total risk of an investment is the chance that it will earn a negative return. B. The total risk of an investment is the chance that it will earn a positive return. C. The total risk of an investment is the chance that it will earn a return other than the one that is expected. D. The total risk of an investment is measured by its beta coefficient. E. The total risk of an investment can be determined by computing its expected return.
A misdemeanor is generally:
a. is not a crime b. can only involve the violation of a state, not federal, statute c. is an offense against the state that is not punishable by time in prison d. is an offense that does not involve bodily harm to another person e. is a crime punishable by less than a year in prison