To finance the purchase of a car from Giant Auto Sales, Hoppy signs an instrument promising to pay to "Ideal Credit Union" $18,000 with interest in installments with the final payment due May 15, 2014. To be negotiable, this instrument must include on its face
A. any conditions on the sale of the car.
B. any conditions to the disbursement of the funds.
C. any conditions to the repayment of the loan.
D. no conditions.
Answer: D
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Which one of the following is least likely to be a user of financial information of a grocery store?
a. The manager of the grocery store. b. The supplier of milk to the grocery store. c. A stockbroker looking for a possible investment. d. A customer at the grocery store.
In regards to benchmarking, which of the following statements is incorrect?
A) Benchmarking is the practice of comparing a company with other leading companies. B) The industry average is not a useful benchmark for evaluating a company. C) Providing common-size percentages in a graphical manner highlights differences. D) The two main types of benchmarks in financial statement analysis include benchmarking against the industry average and benchmarking against a key competitor.
The sets of firms that supply companies with the raw materials, components, parts, information, finances, and expertise needed to create products or services are known as ________
A) retailers B) upstream partners C) distributors D) downstream partners E) distribution channels
Lost in a canyon near Gila, Arizona, Hedy writes her will in crayon, on a paper bag, while Ivan states orally how he wants his estate distributed. Most states do not permit
A. an olographic will. B. a nuncupative will. C. a will written on a paper bag. D. a will written in crayon.