Sergio makes a gift of a check to Todd who takes it in good faith and without notice of any claim, defense, or defect. With respect to this check, Todd is
A) none of the choices
B) an assignee.
C) an ordinary holder.
D) an ordinary holder in due course.
C
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Government funders favor ______.
A. larger organizations over smaller ones B. smaller organizations over larger ones C. for-profits organizations over nonprofit organizations D. religious organizations over nonreligious organizations
Hollow Company provides you with following information for two of its employees. The company is subject to the following taxes.TaxRateApplied ToFICA-Social Security6.20%First $128,400FICA-Medicare1.45%All gross payFUTA0.60%First $7,000SUTA5.40%First $7,000Compute amounts for each of these four taxes as applied to each employee's gross earnings for November.Gross Pay through OctoberGross Pay for Novembera. $6,400$2,000b. $112,000$9,400
What will be an ideal response?
On January 1, Year 1, Monroe Minerals Company purchased a copper mine for $129,000,000. The mine was expected to produce 50,000 tons of copper over its useful life. During Year 1, the company extracted 7800 tons of copper. The copper was sold for $6300 per ton. Assume that the company incurred $9,030,000 in operating expenses during Year 1. What is the amount of net income for Year 1?
A. $19,986,000 B. $11,094,000 C. $20,124,000 D. $29,016,000
Variable data are _____
a. discrete b. not measurable c. continuous d. nonrandom