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alukav5142 [94]
3 years ago
15

A check originally payable to cash, but subsequently indorsed with the words "pay to Li Ping," must be negotiated as:

Business
1 answer:
7nadin3 [17]3 years ago
5 0

Answer:

The correct option is C

Explanation:

Bearer instruments and order instruments are separately negotiated. However, the method of negotiation is highly dependent on the instrument character at the time of negotiation. Indorsement however has the ability to turn an order instrument to a bearer instrument. Like from the example provided in the question, it must be negotiated as an order instrument (via indorsement and must be delivered), although formerly, it was a bearer instrument.

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This model focuses on the practitioner as the agent of the occupational environment,
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Sometimes when an organization first starts horizontal coordination efforts to promote innovation, is needed to help employees c
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Answer:

The correct answer is letter (1): True.

Explanation:

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The best definition of a financial restatement is:________.
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The correct answer is A
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Which of the following describes one of the ways that the demographics of an area affect the price of housing in that area? A. W
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3 years ago
Read 2 more answers
A monopoly market is characterized by the inverse demand curve P = 1,200 – 40 Q and a constant marginal cost of $200. If the mar
Sergeeva-Olga [200]

Answer:

The profit maximizing output level declines by 2.5 units and the price rises by $100.

Explanation:

In a monopoly market the inverse demand curve is given as,

P = 1,200 - 40Q

The marginal cost of production of the last unit is $200.

The total revenue is

= Price\times Quantity

= 1,200Q - 40Q^{2}

The marginal revenue of the last unit is

= \frac{d}{dx} TR

= 1,200 - 80Q

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 200

80Q = 1,000

Q = 12.5

Putting the value of Q in the inverse demand function,

P = 1,200 - 40\times 12.5

P = $700

Now, if the marginal cost rises to $400,

At equilibrium the marginal revenue is equal to marginal price,

MR = MC

1,200 - 80Q = 400

80Q = 800

Q = 10

Putting the value of Q in the inverse demand function,

P = 1,200 - 40\times 10

P = $800

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3 years ago
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