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luda_lava [24]
3 years ago
15

In the Uniform Commercial Code, negotiable instruments are all of the following EXCEPT

Business
1 answer:
Luden [163]3 years ago
4 0

Answer:

The correct option is A

Explanation:

Under the Article 3 of the UCC (stands for Uniform Commercial Code), with few modifications, that govern or regulate the negotiable instruments.

The UCC describe the negotiable instrument as the instrument which is in writing as well as unconditioned promise or an orders of making a payment of the fixed amount of money on a particular date.

So, the negotiable instruments are the promissory notes, checks, COD (Certificate of Deposit) and drafts.

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Answer:

1.16

Explanation:

Given that,

Net sales = $4,000 million;

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= Net Sales ÷ Total Average Assets

= $4,000 million ÷ $3,450 million

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Answer:

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The statement that must be true about the demand for a product if it is inelastic is that, a price increase does not have a significant impact on buying habits. The correct answer would be option B. When the demand is inelastic, this situation means that the demand for a product does not decrease nor increase in corresponds to the rise or fall of its price.
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