Jessie is the maker of a $1000 promissory note in favor of Tyler. Tyler subsequently indorses the note to Ryan by signing just his name. Ryan in turn indorses it to Breanna by indorsing the back of the note, "Without recourse, Ryan." Breanna then indorses it to Liz, the present holder. If Liz collects payment from Tyler, then Tyler can demand payment from
a. Ryan and Breanna.
b. Ryan only.
c. Jessie only.
d. Breanna only.
c
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Yellow Dog Transit sold an old truck on December 31, 2013, for $18,400 cash. The following data was available when the truck sold: Acquisition cost $75,000 Estimated residual value at time of acquisition 8,000 Accumulated depreciation on December 31, 2013 after adjustment 53,600 When this transaction is recorded, it should include a(n)
a. Loss on Disposal account for $3,000 b. Decrease of $21,400 to the Truck account c. Gain on Disposal account for $3,000 d. Gain on Disposal account for $5,000
Ethos is
a. the ability to convince the audience of your competence, good character, and charisma. b. the ability to use logical proof to demonstrate the reasonableness of arguments. c. the ability to develop empathy and passion in others. d. the number of people you have persuaded.
The Eastern European consumers want _____________ in ads, while Americans prefer puffery.
Fill in the blank(s) with the appropriate word(s).
An increase in sales price per unit increases the number of units required to break even
Indicate whether the statement is true or false