The unconditional obligation of the buyer to pay the draft on the date due is a consequence of:
a. the draft being a sight draft.
b. the buyer's trade acceptance.
c. the draft being negotiable.
d. the application of UCP 600.
b
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The financial perspective of the balanced scorecard addresses stakeholder concerns about profitability and organizational growth
Indicate whether the statement is true or false
Management accountants have a responsibility to be objective. What does this ethical standard require of management accountants?
What will be an ideal response?
Under the Uniform Computer Information Transactions Act, what is the effect of putting
additional terms into an acceptance delivered through an electronic agent? A) The additional terms are ignored and a contract is formed based on the original terms. B) The additional terms become part of the agreement unless objected to within 10 days. C) The acceptance is treated is if it never occurred, leaving the original offer open. D) The acceptance is treated as a counteroffer.
The percentage of training resources devoted to e-learning has decreased since the last decade.
Answer the following statement true (T) or false (F)