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.
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Answer:
Gore is not required to make any accounting adjustments
Explanation:
Gore won't be required to make any accounting adjustments because the litigation loss is already $2,000,000 leading to him recording a liability in his account in which
$5 million in legitimate warranty claims were as well filed by his customers which is why he won't be making any further Accounting adjustment in 2021.
This is a true statement if that's what you were looking for
Answer:
a. Mr Smith's orange business because it's a small fraction of the economy
A store asked 250 of its customers to study the relationship between the amount spent on groceries and income. a meaningful display of the data from this study would be <u>a scatterplot</u>
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Using Cartesian coordinates, a scatterplot is a form of plot or mathematical diagram that shows values for typically two variables for a set of data. An additional variable can be shown if the points are color-, shape-, or size-coded.
When one continuous variable is under the experimenter's control and the other depends on it or when both continuous variables are independent, a scatterplot can be utilized. The data are shown as a series of points, with each point's value dictating its position on the horizontal axis and its value dictating its position on the vertical axis.
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