Taki forges Uriel's signature on a check "payable to the order of Taki" drawn on Uriel's account in Verity Bank. Most likely, if the bank pays the check

A. the Federal Reserve will reimburse all parties for their costs.
B. the loss will be covered by Verity's insurance policy.
C. Uriel will be liable for the amount.
D. Verity will have to recredit Uriel's account.


Answer: D

Business

You might also like to view...

A personal belief or opinion about lifelong goals or objectives is a terminal value.

Answer the following statement true (T) or false (F)

Business

In addition to providing a better understanding of a medium's audience, building a connector list

A) allows a firm to increase its advertising budget. B) provides insight into other media that reach the same audience. C) demonstrates a firm's understanding of Maslow's hierarchy of needs. D) enables firms to avoid future public relations crises. E) helps a firm reduce its sales force and the number of special sales promotions.

Business

Archangel Manufacturing calculated a predetermined overhead allocation rate at the beginning of the year based on a percentage of direct labor costs

The production details for the year are given below: Total manufacturing overhead costs estimated at the beginning of the year $140,000 Total direct labor costs estimated at the beginning of the year $330,000 Total direct labor hours estimated at the beginning of the year 11,000 direct labor hours Actual manufacturing overhead costs for the year $150,000 Actual direct labor costs for the year $360,000 Actual direct labor hours for the year 11,600 direct labor hours Calculate the manufacturing overhead allocation rate for the year based on the above data. (Round your final answer to two decimal places.) A) 42.42% B) 257.14% C) 235.71% D) 1,206.90%

Business

Scenario 13.2 Use the following to answer the questions. Star Supplies, Inc. manufactures commercial-grade floor cleaners, such as vacuums and floor polishers. The firm has recently begun manufacturing other janitorial-related product lines, such as paper products and chemical cleaners. Star Supplies distributes its products in two ways. It sells its vacuum, floor polisher, and janitorial supply products to an independent business that takes title to the products and then sells them to various small businesses throughout the region. Also, Star has a list of large businesses that it distributes to directly, on an as-needed basis. These businesses keep very little inventory and purchase janitorial supplies in small quantities. Recently, Star has decided to add two new service product

lines-paper shredding and a uniform rental service. Clint Rodriguez, the marketing manager, is conducting a meeting to discuss the ways in which Star can strategically manage these new businesses. Star has the choice of marketing the paper shredding service to their large business clients, by picking up the paper as they drop off the other janitorial supplies, or they can buy a small paper shredding business and market to both large and small business customers. With regard to the uniform rental service, Star can either pick up and deliver the uniforms to the small businesses themselves, or contract that out to a third party. Refer to Scenario 13.2. When Clint suggested that Star consider purchasing a paper shredding business and then offer the service to its large and small business customers, he was suggesting a method called ____, where Star would be the ____. A. horizontal integration; channel manager B. horizontal integration; channel captain C. vertical integration; channel captain D. outsourcing; channel manager E. outsourcing; channel captain

Business