1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lostsunrise [7]
2 years ago
10

One who, in good faith and without knowledge of defect, pays valuable consideration for a note before it is due is referred to a

s:a receiver in trust.an endorser in blank.a holder in due course.an assignor.
Business
1 answer:
iogann1982 [59]2 years ago
6 0

Answer:

The correct answer to the following question is A holder in due course.

Explanation:

A holder in due course is said to be a legal term , which describes about the person who has in good faith obtained a negotiable instrument and he or she has exchanged something valuable for that instrument, but the person is unaware of the fact that there might be some defect in the instrument like in title of person who is negotiating that contract.

You might be interested in
Asbestos is commonly found in buildings and structures built before what year ?
Verdich [7]

I just recently learned this myself due to buying an old farm house that was built in the 1970's. Asbestos is commonly found in buildings and structures built before 1981 and is a very harmful thing if inhaled into the body.

6 0
3 years ago
Read 2 more answers
2. Shoplifting is a very serious problem for retail store owners, with millions of dollars of merchandise stolen each year. Obvi
topjm [15]
It could invade the privacy of the shopper when trying things on. All of the actions the customer does is being recorded, not to mention the customer has no idea who exactly is monitoring the cameras, and how many people have access to it. It could become a serious problem.
4 0
3 years ago
Fiona and her fellow Green Committee members are studying the effects of the use of energy-efficient light bulbs. Which of these
Kamila [148]
The correct answer is B.) Hope this helps!
3 0
3 years ago
Fosnight Enterprises prepared the following sales​ budget: Month Budgeted Sales March April May June The expected gross profit r
kvv77 [185]

The question is incomplete as the figures are missing. The complete question is,

Fosnight Enterprises prepared the following sales​ budget:

Month       Budgeted Sales

March         $6,000

April            $13,000

May             $11,000

June            $20,000

The expected gross profit rate is  20​% and the inventory at the end of February was  $7,000.  Desired inventory levels at the end of the month are  30​%  of the next ​month's cost of goods sold.  What are the total purchases budgeted for May?

Answer:

Purchases - May = $10960

Explanation:

To calculate the total value of purchases that are budgeted for May, we first need to calculate the cost of goods sold and the opening and closing inventory for May.

As the gross profit margin is 20%, the cost of goods sold will be 80% of sales.

Cost of goods sold for May = 0.8 * 11000 = $8800

Cost of goods sold for June = 0.8 * 20000 = $16000

Opening inventory - May = 8800 * 0.3  = $2640

Closing Inventory - May = 16000 * 0.3  = $4800

Purchases = Closing Inventory + Cost of Goods Sold for the month - Opening Inventory

Purchases - May = 4800 + 8800 - 2640

Purchases - May = $10960

3 0
3 years ago
A sporting goods manufacturer budgets production of 48,000 pairs of ski boots in the first quarter and 39,000 pairs in the secon
professor190 [17]

Answer:

$831,600

Explanation:

The budget must account for all of the production of the first quarter and 20% of the production of the second quarter, the number of boots considered in the budget is:

b= 48,000 +0.20*39,000\\b=55,800\ boots

Assuming that each boot uses exactly 2kg of raw material and that the company has 19,200 kg on hand, the amount of raw material still required is:

m = 2*55,800-19,200\\m=92,400\ kg

If the cost per kg is $9, then the budgeted materials purchases cost for the first quarter is:

C=92,400*\$9\\C=\$831,600

The budgeted materials purchases cost is $831,600.

5 0
3 years ago
Other questions:
  • In a large corporation, shareholders responsibilities include ________.
    7·1 answer
  • In response to rising inflation, the Federal Reserve may sell government securities in open market operations in order to:
    5·1 answer
  • 1. Think about the four cores of credibility. Choose one of them and describe why it is important to you for your workplace.
    15·1 answer
  • Loan A has the same original principal, interest rate, and payment amount as Loan B. However, Loan A is structured as an annuity
    6·1 answer
  • You and your college roommate eat three packages of Ramen noodles each week. After graduation last month, both of you were hired
    14·1 answer
  • Data-driven decision making is a process of 
    8·1 answer
  • During its first year of operations, Silverman Company paid $7,000 for direct materials and $9,500 for production workers' wages
    8·2 answers
  • Aladdin Grocer's 2019 balance sheet shows average stockholders’ equity of $18,000 million, net operating profit after tax of $1,
    13·1 answer
  • Parks Corporation is considering an investment proposal in which a working capital investment of $10,000 would be required. The
    9·1 answer
  • HELP QUICK PLEASE!!!!! William is not generally a risk-taker, but he knows he may need to step out of his comfort zone to make e
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!