The advantage of a holder in due course over a simple holder of an instrument is that the holder
in due course can:
A) Collect on the instrument even if it has been forged.
B) Collect on the instrument if the maker or drawer asserts a personal defense.
C) Indorse the instrument "without recourse" thus limiting his liability.
D) Collect punitive damages from a party who wrongly does not pay a negotiable
instrument.
E) Transfer the instrument to others, thus using it as a substitute for money.
B
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If the bonds are purchased between interest dates, the purchase price includes accrued interest since the last interest payment
a. True b. False Indicate whether the statement is true or false
During 2010, Heckart Corporation had sales of $250,000, net income of $25,000, average total assets of $350,000, dividend payments of $17,500, net cash flows from operating activities of $35,000, purchases of plant assets of $37,500, and sales of plant assets of $45,000 . Free cash flow equals
a. $17,500. b. $42,500. c. $10,000. d. $25,000.
________ refers to reducing the business portfolio by abandoning products that no longer fit the company's overall strategy
A) Market segmentation B) Vertical integration C) Product line extension D) Downsizing E) Diversification
Select an industry sector of interest and use available data to estimate the minimum efficient scale (MES) of operations in it.
What will be an ideal response?