Fact Pattern 24-1AFlik draws a check payable to "DeliMart" to buy groceries.Refer to Fact Pattern 24-1A. Flik's check is most likely
A. a certificate of deposit.
B. an order to pay.
C. a promise to pay.
D. a promissory note.
Answer: B
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Which of the following types of retailers place the most emphasis on salespeople assisting customers throughout the purchase process?
A) limited-service retailers B) full-service retailers C) self-service retailers D) discount retailers E) off-price retailers
If you home is in a Special Flood Hazard Area,
A) the government will provide free flood insurance. B) flood protection is automatically provided under the basic homeowners' policy. C) you must purchase flood insurance before you can obtain a mortgage on the home. D) insurance companies are not allowed to sell you homeowners' insurance.
Incoterms define trade terms according to the mode of transportation chosen by the parties
Indicate whether the statement is true or false
A stop order is simply a market order that is automatically triggered at a specific market price
Indicate whether the statement is true or false