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vredina [299]
3 years ago
11

Case Study Chapter 28 George was the maker of a written promissory note that stated that $500 would be paid on the sale of Georg

e's automobile. George initialed the note instead of writing his full name. The promissory note stated that it would be payable six months from the date. The promissory note was not dated. You now have come into possession of this note. Is this note negotiable? Discuss the elements of negotiability and whether each one has been met.
Business
1 answer:
masha68 [24]3 years ago
3 0
I would say that this note would still be valid despite no date on it since it states that it will be paid after the sale of his automobile and in the absence of a date, I believe it could be considered be paid up to 6 months after the sale of the automobile since that sale will have a date or needs to be ensured that such a date is now recorded. While a full signature is preferable, I believe the initial will suffice since some legal documents say at financial institutions only require an initial and in any case the person who initialled it can be contacted to provide his full signature and confirmation that the 6 months after the sale of the automobile can be used.
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The common stock of Eddie's Engines, Inc. sells for $45.68 a share. The stock is expected to pay $4.10 per share next year. Eddi
DochEvi [55]

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no entiendo la verdad es que yo hablo español y no entiendo ajaj espero te ayude

Explanation:

15.18

5 0
3 years ago
If the economy is experiencing excess demand that is causing inflation, the inflationary pressures can be eliminated by reducing
snow_lady [41]

Answer:

The correct answer is True.

Explanation:

Excess demand is a situation in which, for a given price, the amount that consumers want to buy is greater than the stock offered by sellers.

Otherwise, an excess of aggregate demand causes prices to rise and inflation is generated.

Well, given an excess of aggregate demand, with the intention of getting a price drop, the money supply will have to be reduced and interest rates increased, measures of a restrictive monetary policy.

The application of a restrictive monetary policy contributes to lower production and reduce inflation, although there is a possibility that it will generate a decrease in employment.

The reduction of public spending is an optimal solution to reduce possible inflationary pressures on the side of aggregate demand, said the Center for Economic Studies of the Private Sector (CEESP). Although the decline in public spending can also affect the pace of growth, it is the best way to moderate aggregate demand without additional effects and to stabilize financial markets.

6 0
4 years ago
Question 27
RUDIKE [14]

Answer:

Seasonal

Explanation:

Unemployment basically means that a person is having skills but not in the required field due to which he/she is not employed that is not working.

Seasonal unemployment is a type of unemployment that occurs because people do not have the required skills.

For example a labour under construction work is employed only when he gets the work of construction and is good at that work but times when there is no construction work in process he is unemployed.

Another best example is that of an Agricultural worker or a Farmer who is employed in specific seasons only like those who are into more of work in summers rather than winters keeping in mind the types of seasonal vegetables or fruits the famers are dealing with.  

3 0
4 years ago
Nestor Company is considering the purchase of an asset for $100,000. It is expected to produce the following net cash flows. The
Anestetic [448]

Answer:

2.57 years

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In the payback, we're calculating how many years the money spent is recovered. The formula below shows:

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In year 2 = $40,000

In year 3 = $35,000

In year 4 = $35,000

In year 5 = $30,000

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If we add the first 2-year cash inflows, it would be $80,000 Now we subtract the $80,000 from the $100,000, so the amount would be $20,000 as if we added the third-year cash inflow to the initial investment. So, we deduct it

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Therefore, the payback period would be

= 2 years + $20,000 ÷ $35,000

= 2.57 years

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