Fact Pattern 24-1AFlik draws a check payable to "DeliMart" to buy groceries.Refer to Fact Pattern 24-1A. With respect to Flik's check, DeliMart is

A. the drawee.
B. the drawer.
C. the maker.
D. the payee.


Answer: D

Business

You might also like to view...

Some romantic relationships have a dark side that makes them dysfunctional. While we may think they are based in love, they can be unhealthy, destructive, and characterized by episodes of what kind of communication?

A. unemotional B. virtual C. repair D. toxic

Business

Neural-intrinsic brain structures ______.

a. differ between individuals and are relatively stable over time b. do not differ between individuals and are relatively stable over time c. differ between individuals and are very unstable d. do not differ between individuals and are very unstable

Business

If life-cycle costs exceed the target cost of a product, managers will strive to reduce

a. the cost of special orders. b. the level of activities that are non-value-added. c. product variety. d. period costs.

Business

The firm's _______ refers to gains in design and process knowledge and know-how and is paramount for organizational enhancement and renewal to occur

a. technology strategy b. market strategy c. learning d. project strategy

Business