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kaheart [24]
3 years ago
15

Which of the following statements about a note receivable is true?A : It can be transferred to another party by endorsement. B :

It can only be collected by a bank. C : It eliminates the need for an allowance for doubtful accounts. D : It takes the place of checks in a business firm.
Social Studies
1 answer:
Naddik [55]3 years ago
6 0

Answer:

A : It can be transferred to another party by endorsement.

Explanation:

Notes receivable:-

It is a kind of an account on balance sheet. If the life of this account is less than one year, it is usually under current assets section. It is a written promise which is used to receive the money on the fixed future date. The money involved in this accounts is both the principle and the interest.

It can be collected between any two parties. It is just a promise account and thus, does not eliminate any kind of allowance.

Hence, the correct statement is:-<u> A : It can be transferred to another party by endorsement.</u>

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farah asks her friends to spread a nasty rumor about her opponent for the office of class president to attempt to damage his rep
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Farah asks her friends to spread a nasty rumor about her opponent for the office of class president to attempt to damage his reputation in the days before the election. This is an example of instrumental aggression.

Relational, is supposed to harm any other individual's relationships. This can consist of spreading rumors and telling lies about someone else. Adversarial aggression is inspired by way of feelings of anger with cause to reason pain; a fight in a bar with a stranger is an example of adversarial aggression.

Examples of instrumental aggression include shooting a police officer within the route of a bank theft, stabbing a homeowner throughout a housebreaking, and strangling a sufferer.

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<h3>What does the term personalty mean?</h3>

Personalty refers to the personal property of a person or an individual. It refers to all those property that are movable but are not real estate.

Personalty are those movable assets such as things, including animals which are not real property, money or investments.

Basically, all the intangibles and movable things that are personal property of an individual, are considered as Personalty i.e. personal property.

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