A person who receives a check as a gift cannot qualify as a holder in due course.
Answer the following statement true (T) or false (F)
True
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The lock-in effect ?
A. ?allows stocks to be priced efficiently. B. will be smaller in magnitude if tax rates are lower. C. ?is likely to reduce the volume of stocks being traded in a market. D. ?states that when stock prices rise, they will continue to do so for prolonged time periods.
If a firm has a current ratio of 2, the subsequent receipt of a 60-day note receivable on account will cause the ratio to decrease
a. True b. False Indicate whether the statement is true or false
An example of a staggered markdown policy is a(n) _____
a. automatic markdown plan b. price adjustment policy c. late markdown policy d. early markdown policy
____________ means to seek solutions from consultants, competitors, and other successful firms.
a. Mimicry b. Grafting c. Scanning d. Vicarious learning