Presentment warranties protect the person to whom an instrument is presented for payment.
Answer the following statement true (T) or false (F)
True
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Which of the following statements about hiring accounting or fraud professionals in bankruptcy proceedings is NOT correct?
a. If the trustee wants to employ attorneys, accountants, or other professionals to represent or assist the trustee, the trustee has to get the court's approval. b. All the professionals must be employed under Code section 327. c. The retention of a fraud examiner or investigator in a bankruptcy proceeding is up to the discretion of the trustee. d. A creditor may engage the services of a professional to investigate allegations of bankruptcy fraud independently from the court. In this case, the creditor usually compensates the professional directly.
In the context of business relationships in Japan, which of the following best describes amae?
a. It is the feeling of nurturing concern for, and dependence upon, another. b. It is the lack of motivation among employees in businesses. c. It is a legal consolidation and collaboration of companies into a single entity. d. It is a network of interlocking corporate affiliates.
How would the airline industry use business intelligence?
A. Analyze popular vacation locations with current flight listings. B. Predict claim amounts and medical coverage costs. C. Understand customer credit card usage and nonpayment rates. D. Compare the demographics of patients with critical illnesses.
A single-payment note is a secured fund which can be obtained from a commercial bank when a borrower needs additional funds for a short period
Indicate whether the statement is true or false