Matt wrote a $500 check to Alistar for some yard work that Alistar had done. What will Alistar have to do negotiate this instrument to Totally Tough, Inc in payment for some yard equipment Alistar had bought?
A check is order paper. To negotiate order paper, the instrument must be indorsed and then delivered to the transferee. Thus, Alistar needs to sign the check on the back and give it to Totally Tough.
You might also like to view...
A cost-benefit analysis is performed after collecting secondary data
Indicate whether the statement is true or false
Robin Hood's statement of cash flows contained the following:• Cash flows from operating activities in the amount of $29,100 • Cash flows from investing activities in the amount of $30,100 • Cash flows from (used by) financing activities in the amount of ($44,900) What was Robin Hood's change in cash for the period?
A. $14,300 increase B. $14,800 increase C. $14,800 decrease D. $14,300 decrease
What are the benefits of using employee engagement and feedback?
a. Employees will feel as though they’ve been heard and will be pacified b. It provides more flexibility in the timeline c. Ambiguity will be reduced and it may build support by communicating why the change was undertaken d. It may lessen the chances of revolt
A points an unloaded gun at B and threatens to shoot. Unobserved by A, C, who is B's wife, witnesses the threat and believes A's gun is loaded and that B is about to die. C pulls out a gun and shoots and kills A. In this case:
a. C cannot successfully invoke the privilege of defense of others because A's gun was unloaded. b. C can successfully invoke the privilege of defense of others because of her reasonable belief at the time she shot A. c. C is liable because one can use deadly force only to protect himself. d. C was entrapped into believing her husband was about to be killed, so she has a valid defense.