A two-party negotiable instrument that is a special form of note created when a person deposits money at a financial institution in exchange for the institution's promise to pay back the amount of the deposit plus an agreed-on rate of interest upon
the expiration of a set time period agreed upon by the parties is known as a ________.
A) collateral note
B) check
C) certificate of deposit
D) bill of exchange
C
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The most liquid asset is
A. sales. B. accounts receivable. C. marketable securities. D. cash. E. capital.
Besides judges, the doctrine of judicial immunity also applies to:
a. the plaintiff b. parties who perform services that are related to the performance of judicial functions c. the defendant d. parties who have vested interests in the case e. none of the other choices are correct
Darden Company has cash of $40,000, accounts receivable of $60,000, inventory of $32,000, and equipment of $100,000. Assuming current liabilities of $48,000, this company's working capital is:
A. $12,000. B. $144,000. C. $52,000. D. $84,000.
Describe a situation in which a company might adopt a pricing objective other than profit maximization
What will be an ideal response?