Distinguish between a note and a certificate of deposit. How are they alike? How are they different? Explain your answer
Notes and CD's are two-party instruments involving a maker and a payee. They are alike in that in each case one party promises to pay the other party money. They are different in that with a certificate of deposit, a bank is receiving money, acknowledging it, and promising to repay it. A CD is a specialized form of promissory note.
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A classic study of legal disputes and grievances suggested that these disputes tend to be transformed through a process of "naming, blaming, and claiming." When do each of these occur?
What will be an ideal response?
Sales return percentage ratio is calculated by:
a. dividing sales returns by total sales. b. dividing total sales by sales returns. c. dividing sales returns by net sales. d. dividing net sales by sales returns.
Which book title and subtitle are most logically punctuated?
A) I just finished reading the book Success Built to Last, Creating a Life That Matters. B) I just finished reading the book Success Built to Last: Creating a Life That Matters. C) I just finished reading the book Success Built to Last; Creating a Life That Matters.
The net realizable value of Accounts Receivable is calculated by subtracting Bad Debts Expense from Accounts Receivable
Indicate whether the statement is true or false