Francenie has a checking account at Corner Bank. She wants tickets to an upcoming concert. She writes a check to Ticketmaster for the cost of two tickets. In this scenario:
a. Francenie is the drawee, Corner Bank is the drawer, and Ticketmaster is the payee.
b. Francenie is the maker, Corner Bank is the drawee, and Ticketmaster is the payee.
c. Francenie is the drawer, Corner Bank is the drawee, and Ticketmaster is the payee.
d. Francenie is the payee, Corner Bank is the drawer, and Ticketmaster is the maker.
c
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Jurisdiction-specific corporate laws limit directors' freedom to declare dividends. Without these limits, directors might dissipate the firm's assets for the benefit of
a. common shareholders, harming other nonshareholding stakeholders. b. creditors, harming other stakeholders. c. employees, harming other stakeholders. d. management, harming other stakeholders. e. customers, harming other stakeholders.
What are the concerns associated with the use of video news releases by television media?
What will be an ideal response?
Marge Henderson was very unhappy when she took her six-month-old "Puma" automobile back to Maximum Deal Auto, the dealership where she purchased the auto. It was the sixth time she had returned the car to get the seller to fix a stalling condition that plagued the vehicle. This time the engine stalled while she was driving on a freeway and she nearly had an accident. Which of the following is
true? a. If the state where she purchased the car has a "lemon law," and she complies with its requirements, she may be able to receive a full refund of the price she paid for the car. b. As this will be the sixth time the dealership has repaired the car for the same continuing problem, her written auto warranty no longer covers the repairs and she will be required to pay for the labor and any parts replaced. c. If the stalling of the automobile engine is caused by a defective part from a supplier vendor, neither the Puma manufacturer nor Maximum Deal Auto is legally responsible. d. all of the above
RESPA applies only to FHA mortgage loan closings
Indicate whether the statement is true or false