Notice of dishonor of an instrument:

A) may be given orally.
B) must be given by returning the unpaid instrument with an attached stamp, ticket, or memorandum stating that the item was not paid.
C) must meet formal requirements to be effective.
D) must be in writing.


A

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All of the following involve a temporary difference for purposes of income tax allocation except

A) ?interest on municipal bonds. B) ?gross profit on installment sales for tax purposes. C) ?MACRS depreciation for tax purposes and straight-line for accounting purposes. D) ?product warranty expenses.

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Why is it important for an organization's top officials to demonstrate ethical leadership?

What will be an ideal response?

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If a B2B customer is satisfied with an existing supplier, it will probably engage in a(n) ________ to purchase additional quantities of the item.

A. straight rebuy B. new buy C. adapted buy D. modified rebuy E. generic buy

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Ruby, an elderly woman, is diagnosed with lung cancer. She realizes her condition may worsen, and that there is a chance that at some point she will become so weak the only way she will be able to breathe is with the help of medical machinery. She does not want to be kept alive in such a "vegetative state." What are Ruby's options?

What will be an ideal response?

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