Presentment is excused where the acceptor is undergoing bankruptcy

Indicate whether the statement is true or false


True

Business

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If there is no written agreement as to the way income will be divided among partners

a. they will share income and losses equally b. they will share income and losses according to their capital balances c. they will share income and losses according to the time devoted to the business. d. there really is no partnership agreement

Business

Cognitive psychologists believe that memory is ________, so that once information becomes stored in memory, its strength of association decays very slowly

A) highly perceptual B) somewhat collective C) highly communicative D) often reflective E) extremely durable

Business

Yokima, Ltd., and Zenota, S.A., transact an international sale of goods. For these parties, and other international buyers and sellers, the United Nations Convention on Contracts for the International Sale of Goods spells out the duties that apply

A. if Article 2 of the Uniform Commercial Code does not apply. B. if a dispute is submitted to the International Court of Justice. C. if the parties have not agreed otherwise in their contracts. D. under all circumstances.

Business

A state probability when equilibrium has been reached is called

A) state probability. B) prior probability. C) steady state probability. D) joint probability. E) transition probability.

Business