Waylon uses a signature stamp to sign his checks and carelessly leaves it accessible to third parties. Jeremy finds the stamp and uses it to write several checks without Waylon's authorization. Renee, who takes a check for value and in good faith, will be subject to Waylon's defense of unauthorized signature

Indicate whether the statement is true or false


False

Business

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Which of the following errors will cause a trial balance to be out of balance?

a. Posting a debit to Land as a debit to Machinery b. Placing a debit balance amount into the credit balance column of the ledger c. Omitting an entire transaction d. Incorrectly recording the purchase of land for cash as a debit to Cash and a credit to Land

Business

The fiscal year selected by companies

A) is the same as the calendar year B) begins with the first day of the month and ends on the last day of the twelfth month C) must always begin on January 1. D) will change each year

Business

What are the three management functions that are central to meeting the needs of service customers?

a. Marketing, operations, and finance. b. Marketing, operations, and human resources. c. Marketing, finance, and accounting. d. Marketing, finance, and operations. e. Finance, accounting, and human resources.

Business

Under the rational relationship test, a law must bear a rational relationship to a _____

governmental interest. Fill in the blanks with correct word

Business