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Harrizon [31]
2 years ago
9

With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or he

r signature. With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or her signature. True False
Business
1 answer:
VikaD [51]2 years ago
4 0

With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or her signature. With an order instrument, the payee must be identified with certainty, because the transfer of the instrument requires his or her signature, its true.

<h3>How is a payee identified on the negotiable instrument?</h3>
  • A payee may be named or identified in an instrument in a variety of ways, including by name, identification number, office, or account number.
  • Regardless of whether the intended recipient's legal name is printed on the instrument, an instrument is typically payable to the person for whom it was issued.

<h3>Who can transfer an order instrument by endorsing it?</h3>
  • Only by endorsement and delivery can a promissory note, a check, or a bill of exchange payment to order be bargained.
  • The transferee does not become a holder until the holder delivers the instrument and signs his endorsement on it.
  • If there are multiple payees, everyone must sign the agreement.

<h3>Who can endorse an instrument?</h3>
  • The instrument cannot be endorsable by the manufacturer or the drawer, but if any of them has acquired possession of it, he may do so. (Sec. 51).
  • If the creator or drawer is not the holder of the instrument or in legitimate possession of it, he cannot negotiate or endorse it.

Learn more about instrument here:

brainly.com/question/1520067

#SPJ4

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XYZ Inc. brings together specialists from production, marketing, and finance from around the world, and gives each such team the
koban [17]

Answer:

Cross- functional team

Explanation:

Cross- functional team, is the team which is defined as the group of people who came together with the different functional expertise of working against the common goal.

This team may involve the people from human resources, finance, operations and marketing department.

It occurs when the specialist from different areas are put on the same team. So, in this case, XYZ bring together the specialist, which implies that the firm is creating the team of cross- function.

6 0
3 years ago
Two firms with identical capital intensity ratios are generating the same amount of sales. However, Firm A is operating at full
Gemiola [76]

Answer:

True

Explanation:

Firm A is operating at full capacity, if its sales keep increasing, then t will need to invest to expand its production capacity. Since firm B is operating below full capacity level, if its sales keep increasing it will have some spare production capacity it can use before operating at full capacity.

Therefore firm A will need to invest in an expansion of its production capacity while firm B can keep operating without new investments.

7 0
3 years ago
What is congressional oversight and how strongly is it pursued by Congress?
ivanzaharov [21]
The congressional oversight means that the Congress, that is the legislative branch of the government has the right to check on the work of the executive branch, mostly the president. It is actually not implemented very often, ans is considered a last resort method, for example when the president is impeached (the last impeachment was of Bill Clinton)

8 0
3 years ago
investment is made at r percent compounded annually, at the end of n years it will have grown to A = P(1 + r)n . An investment m
bixtya [17]

Answer:

$1,500

Explanation:

Given the compounding formula A = P(1+r)^{n}

And given an investment (P), made at 16% compounded annually (r), and an ending amount of $1,740 (A) at the end of the year (n = 1 year), the original amount invested (P) can be computed as follows.

1,740 = P(1+0.16)^{1}

1,740 = P * 1.16

= P = 1,740/1.16 = 1,500.

Therefore, the original investment was $1,500.

3 0
3 years ago
The credit terms offered by Neutron Enterprise are 2/10, n/30. Neutron sold goods on account to James Company on Jun 14 for $300
Pie

Answer:

Cash A/C            Debit                    $300

  To James company                                  $300

(Amount collected from James Company for credit sale)

Explanation:

Cash A/C            Debit                    $300

  To James company                                  $300

(Amount collected from James Company for credit sale)

Note: The terms here provided that, 2/10, n/30.

Which means that 2% discount if payment made within 10 days, and total 30 days credit allowed.

Here the sales were made on 14 June, and payment received on 27 June that is it took more than 10 days as 10 days complete on 24 June.

Therefore, no discount will be offered.

5 0
3 years ago
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