The Pittsburgh Peelers are a professional soccer team playing in Major League Soccer. They recently approached Darth Water, a leading sports-drink manufacturer, to sponsor their team for the upcoming season
Darth Water agrees to sponsor the team for an amount of $1 million, to be paid in installments over the course of the season. Darth Water instructs its bank, Orange County Bank, to wire the funds to Pittsburgh Peelers' bank, the Jersey Shore Bank. Which of the following parties is the originator of the wire transfer in the above case?
A) Pittsburgh Peelers
B) Jersey Shore Bank
C) Darth Water
D) Orange County Bank
C
You might also like to view...
________ refers to jurisdiction to hear a case because of jurisdiction over the property of the lawsuit.
A. In rem jurisdiction B. Quasi in rem jurisdiction C. Private jurisdiction D. In personam jurisdiction
What is the relationship or connection between a company's pro forma financial statements and the end-of-period financial statements reported to stockholders and other external users?
What will be an ideal response?
Richard Branson, founder of the Virgin Group, empowers his companies through a(n) ________ structure in which anyone can bring forth new ideas.
A. multi-level B. formal C. informal D. hierarchal
In the distribution channel for Pizza Hut, channel members are linked by legal agreements that spell out the obligations and rights of each member. This is an example of a(n) ____ vertical marketing system.
A. contractual B. administered C. corporate D. negotiated E. institutional