If the payee of the instrument is not mentioned on the face of the instrument, it is considered nonnegotiable

Indicate whether the statement is true or false


TRUE

Business

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Kathy is getting ready to close her sales call. She is not sure the prospect is quite ready so she goes over the benefits of the product and how it meets the customer's needs prior to asking for the order. This is an example of the:

A) continuous "yes" close B) trial method close C) summarization close D) assumptive close

Business

The United States has negotiated a free trade agreement with:

A. Canada and Mexico B. Japan C. Europe D. China and Asian developing countries

Business

To the extent that it has not been modified by the UCC, the common law of contracts applies to sales contracts.

Answer the following statement true (T) or false (F)

Business

The ______________________________ data store contains the details of each payment as reflected on the remittance advice (RA) accompanying a payment.

Fill in the blank(s) with the appropriate word(s).

Business