If a bank pays a check after it has received a stop-payment order and has to reimburse its customer for the improperly paid check, it acquires all the rights of its customer against the person to whom it originally made payment, except for rights arising from the transaction on which the check was based.
Answer the following statement true (T) or false (F)
False
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______ is caused by crossing an ethical boundary, leading to mismanagement of the venture.
a. Inattention b. Deviance c. Lack of ability d. Uncertainty
The term "Web site" replaced the words "home page," indicating that the array of pages would have to be organized, coordinated, designed, developed, and maintained in an orderly process
Indicate whether the statement is true or false
A cashier's check is written by an authorized officer of the bank on its own funds
Indicate whether the statement is true or false.
Which of the following statements is correct with regard to a CVP graph?
A. A CVP graph assumes that total expense varies in direct proportion to unit sales. B. A CVP graph shows the maximum possible profit. C. A CVP graph shows the operating leverage as the gap between total sales revenue and total expense at the actual level of sales. D. A CVP graph shows the break-even point as the intersection of the total sales revenue line and the total expense line.