D drew a $100 check on ABC Bank payable "to the order of P." P cashed the check at National Bank. National Bank is an agent of P until the drawee bank pays the check
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Second generation languages are assembly language that are difficult for people to understand.
Answer the following statement true (T) or false (F)
You are using the advocacy approach in group decision making when you approach group decision making like a contest to see whose idea wins
Indicate whether the statement is true or false.
In most instances, the payment of utility bills is an example of _____.
A. immediate annuity B. ordinary annuity C. annuity due D. lump-sum payments E. uneven cash flows
_______ is the belief that some acts are always right or always wrong, whereas ______ is the belief that a decision may be right even if it is not in keeping with our own ethical standards.?
A. ?Moral universalism; moral relativism B. ?Moral relativism; moral universalism C. ?Utilitarianism; deontological ethics D. ?Deontological ethics; utilitarianism