A bill of exchange is an unconditional written order
Indicate whether the statement is true or false
True
You might also like to view...
The capital account balances of a partnership are as follows: Marla, $48,000; Newby, $48,000; and Otis, $48,000 . If Newby retires and receives $50,000 cash from the partnership, the entry to record this transaction would include a
a. debit to Newby Capital, $50,000; b. debit to Newby Capital, $48,000; c. debit to Loss on Partner Retirement, $2,000; d. credit to Newby Capital, $50,000; e. none of these.
Marketers of complex and expensive products such as automobiles will likely employ long channels with many knowledgeable intermediaries.
Answer the following statement true (T) or false (F)
Tom, the production manager at Esday, was told by his supervisor to hire Elton, a 15-year-old boy, to operate an industrial machine. Hiring the 15 year old violates the child labor laws. What should Tom do in this situation?
A)Tom should hire Elton; he has a duty to obey Esday's instructions. B)Tom should hire Elton; he has a duty of care to ensure that the government does not discover that Elton is 15 years old. C)Tom should not hire Elton; he has a duty of care and he would not be caring for Elton. D)Tom should not hire Elton; he has a duty to obey Esday's instructions only if they are legal and ethical.
A random sample of 49 statistics examinations was taken. The average score, in the sample, was 84 with a variance of 12.25 . The 95% confidence interval for the average examination score of the population of the examinations is
a. 76.00 to 84.00 b. 77.40 to 86.60 c. 83.00 to 85.00 d. 68.00 to 100.00