If an indorser merely signs his name and does not specify to whom the instrument is payable, he has made a constructive indorsement.
Answer the following statement true (T) or false (F)
False
You might also like to view...
Which of the following statements about brand loyalty is most accurate?
A. The incidence of brand loyalty is steadily rising in North America. B. The best way to enhance brand loyalty is to brand all new products with the same brand name. C. Brand loyalty increases the perceived risk associated with impulse purchases. D. Brand loyalty results from the positive reinforcement of previous actions. E. Learning has little effect on brand loyalty because most habits are instinctual.
A ________company's operating cycle begins with the purchase of merchandise and ends with the collection of cash from merchandise sales.
Fill in the blank(s) with the appropriate word(s).
An employee stock-ownership plan (ESOP) is a form of a ________.
A. money-purchase plan B. 401(k) plan C. profit-sharing plan D. simplified employee pension (SEP) plan
A plan that outlines alternative courses of action is called a(n) ____ plan.
A. objective B. tactical C. strategic D. contingency E. operational