The incompetence of a customer revokes a bank's authority to pay an item

Indicate whether the statement is true or false


False

Business

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For international researchers, language is a primary obstacle

Indicate whether the statement is true or false

Business

In which of the following independent situations has Jean made a gift?

a. Jean gives her 19-year old son $20,000 to be used by him for his college expenses. b. Jean buys her non-dependent grandfather a new $120,000 RV for his birthday. c. Jean sends $14,000 to Temple University to cover her nephew's tuition. The nephew does not qualify as Jean's dependent. d. Jean contributes $10,000 to her U.S. Senator's reelection campaign.

Business

What factor(s) could cause the pure bond value to change?

A. A call provision B. An increase in stock price C. A change in market interest rates D. More than one of the above

Business

Miller Safety Equipment uses multiple production department rates to apply overhead to products. The company will allocate support department costs to production departments based on the amount of support activity

A. used by the department B. budgeted by the department C. used by the department in the prior month D. used by the entire production facility

Business