The courts will never presume a negotiation of order paper was intended; the parties must clearly indicate a negotiation or else the courts will presume an assignment was intended

a. True
b. False
Indicate whether the statement is true or false


False

Business

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On June 1, Scotter Company purchased equipment at a cost of $120,000 that has a depreciable cost of $90,000 andan estimated useful life of 3 years or 30,000 hours. Using straight-line depreciation, calculate depreciation expense for the first year

a. $12,500 b. $30,000 c. $17,500 d. $40,000

Business

What type of funds are generally invested in secure, short-term instruments?

A. cash flow B. endowment C. unrestricted D. operating reserves

Business

Marquis is going to prepare an informative speech on the regions of the brain and their functions. Which organizational pattern would be the best choice for this topic?

a. spatial b. Monroe’s Motivated Sequence c. topical d. chronological

Business

If a company has 40 employees, but issues 43 checks, it will not be able to recover the value of the 3 extra checks from the bank who cashed them for the impostor

Indicate whether the statement is true or false

Business