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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

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A vice president of operations wants to evaluate the impact of reducing manufacturing expenses on the firm's return on assets. W
frosja888 [35]

Available Options Are:

a. Cost of Goods Sold

b. Net Profit Margin

c. None of these

d. Asset Turnover

Answer:

Option B. Net Profit Margin

Explanation:

The increase or decrease in cost of Goods sold can not tell whether the return on assets has increased or decreased becuase it would only tell that the expense are decreased or increased not the profit. Which means it only tells one side of the story hence Option A is incorrect.

Option B is correct because it talks about the profit. If the manufacturing cost has been decreased then the it must increase the profit. Because if the profits has increased then the return on asset will increase. Hence the Option B is correct here.

Option D is incorrect because asset turnover formula is:

Asset Turnover = Sales / Total Assets

The decrease in manufacturing cost will not increase the sales because sales and total assets are independent of manufacturing expenses hence the Option D is incorrect.

3 0
3 years ago
Based on your understanding of the how these firms differ, identify which of the following are factors that affect multinational
scZoUnD [109]

Answer:

Language differences that make communication challenging among employees and managers.

Cultural diversity that affects the code of conduct of business.

Explanation:

Multinational firms are firms that operates and transact business activities outside their country of incorporation.

Despite the advantages of an extended reach and flexibility in operation , it also faces some challenges.

Language differences as different ethnics and culture are involved ,brings a challenge in communication between employees and manager. Citizen of a  francophone nation will struggle to communicate with another from an anglophone country.

Another challenge as mentioned in the question is that the code of conduct could be also be affected due to cultural diversity.

5 0
3 years ago
Torino Company has 2,800 shares of $50 par value, 6.5% cumulative and nonparticipating preferred stock and 28,000 shares of $10
Feliz [49]

Answer:

The cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is  $10,200.

Explanation:

In order to calculate the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders is , we have to make the following calculations.

First, we have to calculate the Annual preferred dividend = (2800*50*6.5%) = $9,100

Hence, First year preferred dividend = $9,100-$8,000 = $1,100

Finally, if we make $1,100+$9,100 = $10,200 and so this will be the cash dividend that must be paid to preferred stockholders in the second year before any dividend is paid to common stockholders.

8 0
3 years ago
Ideally, any group you join for business promotion should have at least how many members?
Oksi-84 [34.3K]

500 HUNDRED IS THE AWNSER HOPE IT HELPS PLZ THANKS ME

7 0
3 years ago
Read 2 more answers
A 1,500 square foot office space is leased at $12.00 square foot. The space is vacant one month out of the year. Office expenses
Ymorist [56]

Answer:

$7500

Explanation:

An expense stop is a tool used by landlords to limit their operating costs and maintain predictable operating costs over the terms of the lease. Hence, even though the operating expense is $6.50, the landlord is only accountable for $6.

The operating costs annually would be: 1500 x 6 = 9000

(Even though the office space is vacant for one month of the year, maintenance costs will still be incurred throughout the year, whether leased or vacant)

Annual income :

1500 x 12 = $18000 (12 months)

It should be noted though that the office space is vacant for one month. Hence, landlord only receives 11 months worth of leased rent. Actual income : (18000/12) x 11 = $16500

Net operating income annually : Total income - Total expenses = $16500 - $9000 = $7500

3 0
3 years ago
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