A person who becomes a party to an instrument to add strength to the instrument for the benefit of another party to the instrument is called a:
A) benefactor
B)secondary obligor.?
C) collateral obligor.
D) contingent beneficiary.
B
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Which of the following bank reconciliation items would result in a journal entry on the company's books?
a. Bank error b. Interest income c. Deposit in transit d. Outstanding checks
The United States has taken a position that legal issues are best resolved by lawsuits involving parties with conflicting interests presenting their strongest possible case to a neutral factfinder. Because of this, the legal system in the United States is considered
a. an adversary system. b. a conflict system. c. an alternative dispute resolution system. d. a mediation system.
_________________________ can only be sustained if the brand also offers highly visible customer support.
a. Brand positioning b. Brand identity c. Brand image d. Brand loyalty
The U.S. Small Business Administration issues a new regulation that will have a significant impact on a substantial number of small businesses. Under the Regulatory Flexibility Act, the agency must do all of the followingexcept
a. measure the cost that the rule will impose on small businesses. b. consider less burdensome alternatives. c. conduct a regulatory flexibility analysis. d. adjust the rule to the satisfaction of the regulated businesses.