Most large certificates of deposit are:

a. not negotiable because they are bank-made debts
b. not negotiable because Article 3 does not allow them to be negotiable c. not negotiable because the payee would lose control
d. not negotiable because the maker would lose control e. negotiable


e

Business

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Some ways customer demographics are changing discussed in this chapter are:

A) "baby boomers" are changing the image of active 60-plus buyers. B) young people becoming active consumers at earlier age. C) businesses face a more diverse mix of cultures. D) All of the above.

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The break-even point quantity is the quantity at which total revenue equals total cost, beyond which profit occurs.

Answer the following statement true (T) or false (F)

Business

The business necessity argument ___________________ in a disparate impact case.

A. cannot be used as a legal defense B. can be used as a legal defense C. is the key to winning D. cannot legally be used E. none of the above

Business

The ________ is the money used to define the amount of an obligation

A. money of payment B. money of account C. book value D. par value

Business