Quincy signs a check payable to Richland Investors, Inc., and gives it to Richland, leaving the amount blank but authorizing Richland to fill in the check for $1,000. Richland fills in $1,459 and negotiates the check to Silverado Bank, to whom Richland owes $1,459. Silverado Bank, an HDC, can enforce the check for
A. $0.
B. $459.
C. $1,000.
D. $1,459.
Answer: D
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A film company has a high market share in the market of children's films. However, the children's film market is a relatively stable, low growth market. This film company would be classified as a(n) ________ using the BCG matrix
A) exclamation mark B) dog C) cash cow D) star E) question mark
Strider Corporation issued 14%, 5-year bonds with a par value of $5,000,000 on January 1, Year 1. Interest is to be paid semiannually on each June 30 and December 31. The bonds are issued at $5,368,035 cash when the market rate for this bond is 12%.(a) Prepare the general journal entry to record the issuance of the bonds on January 1, year 1.(b) Show how the bonds would be reported on Strider's balance sheet at January 1, Year 1.(c) Assume that Strider uses the effective interest method of amortization of any discount or premium on bonds. Prepare the general journal entry to record the first semiannual interest payment on June 30, Year 1.(d) Assume instead that Strider uses the straight-line method of amortization of any discount or premium on bonds. Prepare the general journal entry to
record the first semiannual interest payment on June 30, Year 1. What will be an ideal response?
The amortization of bond premium increases interest expense over the life of the bonds
Indicate whether the statement is true or false
Elections for union officers are regulated by
a. the Labor-Management Relations Act. b. the Civil Rights Act. c. the Labor-Management Reporting and Disclosure Act. d. no federal law.