A) The relationship between information systems and organizations is among the fastest-changing aspect of business today.
Answer:
B) money.
Explanation:
Characteristics of a negotiable instrument
- Property: the individual or company that possesses the instrument is also considered its owner. Order instruments, e.g. checks, must be endorsed for transfer of property.
- Title: the person that receives title of the instrument is called a transferee and is the holder in due course.
- Rights: the transferee can take legal action to claim the honoring of the instrument.
- Prompt payment: the due holder can anticipate prompt payment because dishonoring the instrument (not paying it) results in the "ruin of credit" of all parties involved in the instrument.
- Monetary value: instruments carry a specific monetary value and must be paid in money.
Answer: $1120
Explanation:
I = PxRxT/100
= 1000 x 4 x 3 / 100
= $120
Yearly the bond gave a dividend of $40 which makes it $120 after 3years.
Present value of the bond
= $1000 + $120
= $1120
Yes it does affect the traction/speed
