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Setler [38]
3 years ago
15

An instrument that has no room for indorsements: a. is void. b. can be negotiated without an indorsement. c. can have a separate

piece of paper firmly attached to it with an indorsement.
Business
1 answer:
vagabundo [1.1K]3 years ago
8 0

An instrument that has no room for endorsements : Can have a separate piece of paper firmly attached to it with an endorsement (Allonge)

Option C

Explanation:

An allonge is a piece of paper attached to an exchange bill or promissory note on which the instrument itself can not be approved.

An allonge is a paper slip issued as a bill of trade to a negotiable device in order to receive additional permits for which there may be inadequate room on the bill itself. A description of the length of time is assumed to be written on the bill itself.

If the instrument doesn't have space, a note can be written on a different (called an allonge) piece of paper that is securely attached. The instrument requires a paper firmly attached to a negotiable instrument.

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A manager hires labor and rents capital equipment in a very competitive market. Currently the wage rate is $12 per hour and capi
Alex777 [14]

The firm should decrease the amount of capital used.

Solution:

The wage rate is $12 per hour and capital is rented at $8 per hour.

The marginal product of labour is 45 units of output per hour and the marginal product of capital is 65 units of output per hour.

A manager hires labour and rents capital equipment in a very competitive

market.

The ratio of marginal product of labour and wage rate

= \frac{45}{12}

= 3.75

The ratio of marginal product of capital and rent

= \frac{65}{8}

= 8.125

If the cost ratio is higher, it means that the boss must minimize the volume of money involved in the manufacturing process.

5 0
3 years ago
Denim Blue Jean Corporation is a growing company located in Washington​ State, but it is beginning to develop a presence in the
elixir [45]

Answer:

B. Market or customer organization

Explanation:

This type of organization is organized by customer type in order to ensure that the different expectations of the customer groups are met by a customized service approach. Since Denim Blue Jean Corporation caters to​ men, women,​ children, babies,​ toddlers, and teens, this is the best approach for the organization.

7 0
4 years ago
Category specialists are also called category ______ because of their ability to offer a complete assortment in a category at so
Mademuasel [1]

Answer:

are also called Category Killers

Explanation:

Category killers are retailers that diligently executes deep product assessment within a given category through selection, pricing, and market penetration.

8 0
3 years ago
Brace Corporation uses direct labor-hours as the cost driver in its normal costing system. Brace budgeted that it would use 21,6
arsen [322]

Answer:

total estimated overhead costs for the period= $515,095.2

Explanation:

<u>First, we need to calculate the allocated overhead:</u>

Under/over applied overhead= real overhead - allocated overhead

20,440 = 506,920 - allocated overhead

allocated overhead= $486,480

<u>Now, we can determine the predetermined overhead rate:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

486,480= Estimated manufacturing overhead rate*20,400

Estimated manufacturing overhead rate= 486,480/20,400

Estimated manufacturing overhead rate= $23.847 per direct labor hour

<u>Finally, the estimated overhead for the period:</u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

23.847= total estimated overhead costs for the period/21,600

total estimated overhead costs for the period= 21,600*23.847

total estimated overhead costs for the period= $515,095.2

4 0
3 years ago
If the price of a banana is twice the price of an apple, then the sale of a banana contributes twice as much to GDP as the sale
marysya [2.9K]

Yes this statement is true.

Explanation:

The sale of banana will add the twice contribution in the GDP as because the price is double and the sell of every single unit in the market in comparison of apple is able to add more currency in the economy than a sell of every single unit of apple.

The higher price may affect the sale as people will move to the other alternative but how much sell of banana will take place will able to add more money in the market as compared to apple.

3 0
3 years ago
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