A mere acknowledgment of a debt is not sufficient to create a negotiable instrument.
Answer the following statement true (T) or false (F)
True
You might also like to view...
Which of the following is a plausible marketing observation?
A) Marketing managers must spend a considerable amount of time talking to customers. B) New competitors' actions are easier to predict than existing competitors' actions. C) Customers can always tell you what products they want and what features they need. D) Unlike general societal trends, changes in customer tastes occur frequently.
Consider the budget information for Bert and Ernie Design firm: Professional labor $1,000,000 Administrative labor 200,000 Lease expense 50,000 Design equipment depreciation 25,000 Samples and books 10,000 Utilities 20,000 Professional hours 100,00 . hours Number of rooms redone 2,00 . rooms Bert and Ernie decide there are two cost pools, design support, which is assigned to jobs based on the
number of rooms redone, and facilities costs, which is assigned to jobs based on the number of professional labor hours. The design support cost pool includes design equipment depreciation and samples and books. The lease expense and utilities are considered facilities costs. What is the budgeted rate per cost driver for facilities costs? a. $17.50 b. $1.05 c. $.70 d. $37.50
Which of the following statements is FALSE about interarrival time?
a. It is the elapsed time between one customer arrival and the next. b. It is a continuous random variable. c. It is a variable whose numerical outcomes can be counted. d. It is used in analyzing arrival patterns.
Roboto Robotics Inc creates an internal social media network using enterprise social networking software and systems. The advantages of an internal social media network include
a. obtaining real-time information about important issues. b. mass e-mailings. c. employees' posts of personal notes. d. "white noise.".