Which of the following is correct with respect to a bank customer's duty to discover and report unauthorized signatures?
a. The customer is required to exercise reasonable care and promptness to examine the bank statement.
b. A customer's duty of examination includes checking the signatures of payees or indorsers.
c. The bank is liable on all items with unauthorized signatures even if these canceled checks were returned to the customer four years prior to the discovery of the alterations.
d. The bank is not required to exercise ordinary care in paying the items.
a
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Dante would like to collect data about the life of first-year college students. He would like the research to be comprehensive, to include information about what daily life is like, what classes are like, and what it is like living in the dorms. The best research method to obtain this data would be ______.
A. experiment B. survey C. textual analysis D. ethnography
All of the following are solutions to the technology paradox except:
a. keep costs falling faster than prices b. mass customization c. find new uses for products d. develop long-term relationships with customers e. price controls
A firm has 1,000 shares of common stock outstanding with a par value of $15 per share. Upon liquidation, the firm has insufficient funds and requires an additional $5,000 to repay its creditors. Which of the following statements is true about the shareholders' financial obligation?
A. If the share is purchased for $8, then the stockholders are obligated pay $2 per share to the creditors. B. If the share is purchased for $20, then the stockholders are obligated pay an interest of $15 per share to the firm. C. If the share is purchased for $15, then the stockholders are obligated to pay $15 per share to the bondholders. D. If the share is purchased for $12, then the stockholders are obligated pay a dividend of $3 per share to the firm. E. If the share is purchased for $10, then the stockholders are obligated to contribute $5 per share to the firm.
The only standard in the ISO 9000 family for which organizations can be certified is ISO 9011.
Answer the following statement true (T) or false (F)