In a nonconsumer transaction, a holder in due course takes the instrument free from:
a. only personal claims.
b. all defenses of any party with whom he has not dealt, except for a limited number of defenses that are available against anyone, including a holder in due course.
c. the defense of incapacity, duress, or illegality that renders the obligation void.
d. no claims.
b
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Which of the following is a benefit of creating a vulnerability chart?
a. It forces the investigators to explicitly consider all aspects of a fraud act. b. It conveys a warning to all employees that fraud will not be tolerated. c. It lists/coordinates the steps the investigator must take to uncover the perpetrator. d. It shows management where controls are weak.
Erwin Plumbing Materials Company has a sales office that sells water pipes to construction companies. The sales office is a revenue center and prepares a monthly responsibility report. The partially completed responsibility report is provided.
The company uses management by exception to address flexible budget variances. On which product type would the company first focus?
A) 40 inch
B) 36 inch long
C) 36 inch short
D) 32 inch
Product mix ________ refers to the number of versions offered for each product in the line
A) length B) depth C) height D) width E) consistency
Revolutionary change requires different tools and techniques than methods used in evolutionary change. Describe them.
What will be an ideal response?