An indorsement must be written within 1 1/2 inches of the trailing edge of the back of the check or negotiability is destroyed
Indicate whether the statement is true or false
False
You might also like to view...
The modified cash basis to determine warranty expense
A) violates the matching concept. B) requires recognition in the period of sale of the estimated warranty expense and warranty liability. C) separates accounting for two components of the sales price: the price of the product and the price of the warranty. D) records warranty expense when the merchandise under warranty is sold.
Throughout history, management theorists argued that ______.
A. businesses required more educated managers B. government organizations have the most need of managers with distinctive skills C. common management principles apply equally to all organizations D. nonprofit managers do not need professional development
Grill Lovers, a Manufacturing Co that makes gas grills for outdoor cooking, sold several of its grills to Premier Home Company located in a large city. Ferris, who purchased a gas grill from Premier, was seriously injured while grilling steaks outside for a family outing. The injury resulted from a manufacturing defect in the gas line which caused an explosion as he was cooking over the grill. In
order to be successful in his lawsuit, which is based on strict liability, Ferris must present proof that a. he was in privity of contract with Premier Home Company. b. Grill Lovers had a duty to sell a safe product and that the product purchased was not safe. c. a warranty existed on the product and that there was a breach of warranty by Grill Lovers. d. the product was unreasonably dangerous when it left the manufacturer's or other seller's control and that he suffered an injury.
A NIC's ________ is used to temporarily hold data to be processed and assists in speeding up the performance of the LAN
A) cache (or buffer) B) pile C) lodestar D) magistrate card