All categories

3 years ago

To be liable on a negotiable instrument, a person must:

Business

1 answer:

Ymorist [56]3 years ago

3 0

Answer:

The correct answer is letter "A": sign the instrument.

Explanation:

When talking about negotiable instruments, there are two types of liabilities: Signature Liability and Warranty Liability. Signature Liability refers to those documents where who signs is potentially liable for the responsibilities of the document stated. Warranty Liability is where the liability relies on the person to whom the document was transferred in good faith.

In both cases, the initial holder of the document must sing the instrument so it will be clear to whom belongs the liability.

You might be interested in

_________________ is an example of a complementary good.

Soloha48 [4]

Pepsi is a good gift

3 0

2 years ago

Read 2 more answers

Walter is a chemistry teacher who earns $50,000 per year, while Jesse is unemployed. Both Walter and Jesse want to go back to sc

katrin2010 [14]

Answer:

No, their economic cost of enrolling in the business program is not the same for both,

Explanation:

The explicit costs of going back to college are the same for Walter and Jesse, e.g. they might be $20,000 per year, or even $30,000 doesn't matter for this analysis. But Walter is currently working as a teacher and that means taht if he decides to go to college, his implicit costs will include the forgone salary as a teacher which is $50,000 per year. Implicit costs are opportunity costs, i.e. additional costs or benefits lost from choosing one activity or investment instead of another alternative.

Since Jesse is not working, whether she goes back to college or not will not affect her income, it will still be $0, but if Walter goes back to college he will lose his salary.

6 0

2 years ago

In general, shopping online is supposed to be more convenient than going to stores. However, according to a recent Harris Intera

melisa1 [442]

Answer:

13% did not experience problems with online transactions.

Explanation:

Giving the following information:

According to a recent Harris Interactive poll, 87% of people have experienced problems with an online transaction.

What percentage of people did not experience problems with an online transaction?

In this case, there are two options. You buy something online and everything went smooth or you have problems with the transactions.

So, if 87% have problems, that means that 13% didn't.

6 0

2 years ago

Some of the nation's economists believe that to maximize government revenue, the tax rate should be raised to the level of the R

patriot [66]

Answer:

Laffer curve is the curve built on graph which explains that tax revenue will be increased when tax rates are raised. It also indicates that the tax revenue will increase to a certain point on the R-max line after which the curve starts declining which means the tax revenue will decline.

Explanation:

Laffer curve is a theory by economists which indicates the relationship between tax rates and the tax revenue. If the tax rates are increased then the tax revenue will also rise. This is the theory which is believed by many economists and many businesses also follow such strategy to improve their business profits.

5 0

2 years ago

At the beginning of the meeting Kira does not properly lead the team during the ______ stage of team development. Therefore; the

AVprozaik [17]

Answer:

forming; storming

Explanation:

The forming is the first stage in group development. At this stage, the members of the group reveal their expectations with respect to the work and share their that skils in which they are perfect so that the work could be allocated easily.

After this finishing this step, the next step is storming in which the members give their suggestions to accomplish a task that has assigned to each member of the group

Therefore as per the given situation, the forming and storming are the correct options.

8 0

3 years ago