EZ Credit Company signs an instrument payable to the order of Fraser that states, "The maker of this note at the date of maturity, May 1, 2013, can extend the time of payment, but for no more than a reasonable time." This instrument is
A. negotiable.
B. nonnegotiable, because it includes an extension clause.
C. nonnegotiable, because it is not payable within a definite time.
D. nonnegotiable, because it is payable to a specific payee.
Answer: C
You might also like to view...
When adapting advertising messages, media may also need to be adapted internationally because media availability and regulations vary from country to country. This illustrates ________
A) communication extension B) product invention C) communication adaptation D) straight product extension E) product adaptation
Studies have shown that companies with high levels of _________ outperformed their peer companies in operating income, net income growth, and earnings per share growth.
A. gross receipts B. revenue C. material and equipment D. employee engagement E. employee training
Read the scenario, and then answer the corresponding question. You are the general manager of a sizable car dealership in Lubbock, Texas. Although your dealership narrowly escaped closure during the recent recession, car and truck sales continue to decline. To remain profitable, you will need to eliminate five positions within the dealership. Before you begin laying off employees, you decide
that, to avoid misinformation, your employees should know about the dealership's difficult situation and your plans to reduce the size of its staff. You begin to plan a message to the employees to prepare them for the hard decisions that the dealership will have to make in the next few months. The best channel for delivering the previous message is a_________. A. voicemail B. traditional financial report C. traditional group meeting Fill in the blank(s) with correct word
Most firms operate in monopolistic competition, where products and whole marketing mixes are not exactly the same.
Answer the following statement true (T) or false (F)