Betsy Carter issued a promissory note payable to the order of Lynn Baylor. What must Baylor do if she wishes to transfer the note to John Victor?
Baylor must indorse the promissory note and deliver it to John Victor.
You might also like to view...
Assessing and managing a company's reputation will be as important as promoting its products
Indicate whether the statement is true or false
An invisible, but real, barrier that keeps females from rising up to managerial levels in organizations is called the ______.
a. glass ceiling b. glass cliff c. proactive inclusiveness d. role incongruity
Direct operating margin is determined by subtracting departmental expenses from departmental gross profit
Indicate whether the statement is true or false
A company has a cash ratio of 2.3. What does this imply?
A) The company has an unnecessarily large amount of cash supply. B) The company does not have enough cash supply. C) The company is not in a position to pay off its long-term liabilities. D) The company is not in a position to pay off its current liabilities.