Which of the following is true of an indorsement to multiple persons using the virgule?

A) it can only be indorsed further with the signature of the drawer
B) neither person can individually negotiate the instrument
C) either person can individually negotiate the instrument
D) such an instrument cannot be subsequently negotiated


C

Business

You might also like to view...

Those transactions dealing with the exchange of cash between the firm and its owners (stockholders) and creditors are called

a. investing activities. b. operating activities. c. financing activities. d. planning activities.

Business

In selecting an advertising agency, all of the following issues should be taken into consideration except:

A) company organization. B) national responsiveness. C) area coverage. D) buyer perception. E) franchise or company owned status.

Business

Each item below is a potential downside to the deployment of a CRM application except?

a. Expensive b. May decrease access to customers c. Time consuming d. Difficult to train users

Business

What is meant by the term economic infrastructure and how can this affect a firm's plans to enter a global market?

What will be an ideal response?

Business