Delivery alone is insufficient to negotiate an instrument when it is payable to:
a. order and the last indorsement is in blank.
b. cash and signed by the drawer.
c. bearer and is not indorsed.
d. the order of John Jones and is not indorsed.
d
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A retailer's primary competitors are other retailers that
A. use the same type of store format. B. sell online. C. scramble merchandise. D. are more vertically integrated. E. have the same target market.
If overhead is applied on the basis of direct labor hours, and actual hours worked are less than budgeted, which of the following is true, assuming estimated overhead is correct?
a. Overhead is probably overapplied. b. Overhead is probably underapplied. c. Applied overhead and actual overhead are equal. d. None of these is true.
Which of the following temporary differences ordinarily results in a deferred tax liability?
a. Accrued warranty costs b. Unrealized losses on marketable securities c. Depreciation d. Subscription revenue received in advance
An airline that divides its customers into VIP, Preferred, and Regular customer sets is practicing what principle?
a. Customer prioritization b. Customer displacement c. Customer segmentation d. Customer clustering