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
poizon [28]
3 years ago
9

True or False:A transfer warranty, made by a person who transfers an instrument for consideration to all subsequent transferees,

impliedly makes five warranties relating to good title, authentic signatures, no alterations, no defenses, and no insolvencies.
Business
1 answer:
STALIN [3.7K]3 years ago
3 0

Answer:True

Explanation: A transfer warranty is an implied promise made by one party known as the transferor to another party known as the transferee with regards to the title and credibility of an instrument.

Transfer warranty is achieved through indorsement(a financial term used to signify the signing of a signature at the back of a contract documents) by the transferor to the transferee.

A good transfer warranty is expected to have the following, it must be of a good title,no insolvency,must be authentically signed,must have no alterations etc

You might be interested in
What is the relationship of<br>Stores function and other<br>departments​
Semmy [17]

Answer:

Explanation:

The store function has the responsibility for the receipt custody and distribution of stocks and for the determination of appropriate quantities and qualities of material to be held since order that operational needs, may be in an economic possible therefore, store management can become an important tool. Therefore,every department in a store is supposed to work together to get sales. Managers of each department should work together to ensure each department is staffed and there is enough products.

If you found my answer useful then please mark me brainliest....

8 0
3 years ago
Windsor Corporation has the following balances at December 31, 2017.Projected benefit obligation $2,561,000Plan assets at fair v
Vilka [71]

Answer:

$584,000

Explanation:

Calculation for the amount of pension liability that should be reported

Projected benefit obligation $2,561,000

Less Plan assets at fair value 1,977,000

Pension liability $584,000

Therefore the Pension liability balance at December 31, 2017 will be $584,000

7 0
3 years ago
"The internal rate of return method differs from the net present value method in that it results in finding the" _______________
Elenna [48]

Answer: profitability

Explanation: The internal rate of return method differs from the net present value method in that it results in finding the profitability of the potential investment.

In capital budgeting which is the process by which companies determine whether a new investment or expansion opportunity is worthwhile and if undertaken, could either yield net profits or losses for the company, both the net present value (NPV) (present value of cash inflows minus the present value of cash outflows over a given period time) and the internal rate of return (IRR) methods are employed.

How does the IRR method determine profitability? - This it does by using a percentage value rather than a dollar amount and therefore is advantageous in representing the possible returns of investments by comparing it with other alternative investments.

4 0
3 years ago
Scorpion gulch &amp; western railway is preparing to build a new line through rolling mountains. they have hired you to do some
Alex_Xolod [135]
<span>A Cartesian coordinate system is a coordinate system that specifies each point uniquely in a plane by a pair of numerical coordinates, which are the signed distances to the point from two fixed perpendicular directed lines, measured in the same unit of length. This can be used to build a new line through mountains.</span>
3 0
4 years ago
The initial cost to rent a bike is 6$. each hour the bike is rented costs 1.50. connor is going to rent a bike an can spend at m
ki77a [65]
$6.00 + 1.50(x) ≤ $12.00
1.50 x ≤ $12 - 6
1.50 x ≤ 6
x = 6.00÷1.50
x= 4 hours
4 0
3 years ago
Other questions:
  • A broker-dealer receives a court order directing it to turn over the customer account records of Joe Jones, a customer with a su
    15·1 answer
  • You purchased XYZ stock at $50 per share. The stock is currently selling at $65. You don't want to sell the stock just now, beca
    10·1 answer
  • AgCo sells corn in a perfectly competitive market. Say the current market price for a bushel of corn is $4.00. If AgCo prices at
    5·1 answer
  • People’s thinking about inflation is forward-looking in the rational expectations theory, while the adaptive expectations theory
    14·1 answer
  • Please help me What are interests?
    13·2 answers
  • In the context of group decision making, which of the following is a difference between the nominal group technique (NGT) and th
    9·1 answer
  • Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
    15·1 answer
  • Valuation Account At the end of 2013, its rst year of operations, Beattie Company reported taxable income of $38,000 and pretax
    8·1 answer
  • ABC company manufactures two products in one process. Joint processing costs up to the split-off point total $33,600 a year. The
    6·1 answer
  • Melon-Cauli Grocers, Inc. received $50,000 worth of computers on account promising to pay next month. The journal entry to recor
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!