A restrictive indorsement does not destroy negotiability
Indicate whether the statement is true or false
T
Business
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In an electronic environment, no other control can better prevent fraud than the wise use of _________
a. digital certificates b. biometrics c. anti-virus software d. passwords
Business
A cash equivalent must be readily convertible to a known amount of cash, and must be sufficiently close to its maturity so its market value is unaffected by interest rate changes.
Answer the following statement true (T) or false (F)
Business
Commodity and financial futures contracts
A) are highly risky investments. B) are highly liquid assets. C) are tangible investments. D) impose no obligation on buyers.
Business
An item sold at or below cost in order to attract customers is called
a. a rain check. b. a loss leader. c. bait. d. the switch.
Business