Which of the following is true of a collecting bank?
a. A collecting bank is an agent of the owner of an item until settlement becomes final.
b. The relationship between a collecting bank and the owner of an item, once settled, becomes a debtor-creditor relationship.
c. A collecting bank may be a sub-agent of the owner until settlement becomes final.
d. All of these are true.
e. None of these are true.
d
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End dates and specific actions in a routine request message should be placed in the A) introduction
B) body. C) closing. D) enclosure notation.
Which of the following statements regarding TQM is true?
I. TQM is organization-wide and everyone's responsibility. II. Customer focus is NOT a requirement of TQM. III. Only junior management is involved in TQM. A) I only is true. B) II only is true. C) III only is true. D) I and II only are true. E) I, II, and III are true.
The acts of an agent that constitute a breach of loyalty are limited and very specific.?
Indicate whether the statement is true or false
If the standard deviations of X and Y are 15.5 and 10.8, respectively, and the covariance of X and Y is 128.8, then the correlation coefficient is approximately 0.77
a. True b. False Indicate whether the statement is true or false