Which of the following terms would make an instrument nonnegotiable?
A) It is dependent upon an event.
B)It is undated.?
C)It is payable in foreign money.?
D)It gives the holder the right to receive interest.
A
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The approach which dominates current financial reporting of financial instruments [uses the historical market interest rate to compute the carrying value of notes and bonds while these obligations are outstanding] is the _____ approach
a. amortized cost b. un-amortized cost c. imputed cost d. future value e. liquidation value
Which type of accounting information is intended to satisfy the needs of external users of accounting information?
A. Cost accounting B. Tax accounting C. Managerial accounting D. Financial accounting
How much will they have to deposit at the end of each year?
a.) If Sparco, Inc. deposits $150 at the end of each year for the next eight years in an account that pays 5% interest, how much money will Sparco have at the end of eight years? b.) Suppose Sparco decides that they need to have $5,300 at the end of the eight years.
The mean and the variance are equal for a ________ probability distribution
A) binomial B) uniform C) normal D) Poisson