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rusak2 [61]
3 years ago
12

Susie Smith signed a note agreeing to pay "Annie Greene, Mary Hodge" $1,000. The payment was for painting her house. An issue wi

th the note was that it spelled Annie's last name "Greene," whereas Annie spells it simply "Green." Annie and Mary had a disagreement regarding how to split up the funds for painting the house. Annie proceeded to sign the note on the back "Annie Green" and presented it to Bill Brown to satisfy a debt that she owed him. Bill Brown endorsed the note on the back and took it to the bank for payment. Mary is unhappy because she did not obtain any of the funds and stated that Annie could not legally endorse the instrument because it misspelled her name and because Mary did not sign it. Which of the following is true regarding Mary's claim that the endorsement by Annie was illegal because the note misspelled Annie's name?
A) He is not a holder in due course because he did not provide value.B) He is not a holder because he did not provide value.C) He is not a holder nor is he a holder in due course because he did not provide value.D) The fact that a gift was involved does not prevent Sam from being a holder in due course so long as other requirements are satisfied.E) The fact that a gift was involved does not prevent Sam from being a holder in due course so long as other requirements are satisfied and Sam is not a minor.
Business
1 answer:
r-ruslan [8.4K]3 years ago
5 0

Answer:

All the options are wrong, they seem to be from another question.

But the correct answer to this question is that Mary is wrong, Annie can legally endorse the note even if her last name was misspelled. Since the misspell was a minor error, only an extra letter (Green vs. Greene), she can do it without any problem because it's easy to prove she is the same person.

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(3-5 sentences): Suggestions for potential solutions (how to ensure an Economic crisis like this does not happen again):
iVinArrow [24]

Answer:

<h3>Reduce public and private sector debt to reduce solvency risks.</h3>

Many economy experts state that the main problem which cause an economical crisis was solvency, not liquidity. This means that financial institution didn't have capability to pay, they had enough liquidity (active that can be transformed in cash), but that weren't enough to cover all debt, which brought crisis.

<h3>Structural reforms to improve competitiveness of real economy.</h3>

The system needs to be reformed about competitiveness, because there're too many monopolies in the economy which is against diversity, leading to a crisis. Doing more fair the competition stage, the economy will have more participants, which is crucial to have a free market model, at the end, this competitiveness will bring back the confidence in this sector. Another positive result of this measure is that there're gonna exist more jobs for people, which is crucial, because the rate of unemployment is dramatic.

<em>Therefore, these two measures could be a possible solution, because attempt in two specific problems which are really serious.</em>

8 0
3 years ago
a semiannual interest of 3.5%. Any money he invests would have to be left in the fund for at least five years if he wanted to wi
Lemur [1.5K]

Answer:

Results are below.

Explanation:

Giving the following information:

The semiannual interest of 3.5%.

A) We need to calculate the nominal interest rate:

Nominal interest rate= 0.035/2= 0.0175

B) Real interest rate:

Real interest rate= (1.0175^2) - 1= 0.03531

It compounds interest twice a year. Therefore, is higher

C) Investment= $8,000

We will use the following formula:

FV= PV*(1+i)^n

n= 10

i= 0.175

PV= 8,000

FV= 8,000*(1.0175^10)

FV= $9,515.56

8 0
4 years ago
Background material, fact sheets, news releases, and sample photos are commonly found in what important business communication p
ad-work [718]

Answer: Background material, fact sheets, news releases, and sample photos are commonly found in a Press release

Explanation: A press release is an official statement that is sent to members of the media, to provide certain information related to an event or announcement made by the company, usually accompanied by certain material that documents the launch, such as photos and audiovisual material. These releases can save a company time to announce the events and with globalization, these releases can have a much greater reach than before.

8 0
3 years ago
Businesspeople from ________ often arrive after the scheduled meeting time and prefer to spend time building personal trust befo
tatyana61 [14]

Latin American businesspeople frequently come after the agreed meeting time because they prefer to first spend time establishing a good relation. They also conduct meetings informally, allowing them to show up well past the appointed time.

Goals drive business communication. People inside and outside of an organization must be informed of the rules, regulations, and policies of that organization. Business communication is governed by a set of standards and guidelines. Early corporate communication was restricted to written correspondence, telephone calls, etc. However, with the advancement of technology, we now have satellite communication, cell phones, video conferencing, emails, and more to facilitate corporate communication. Effective business communication contributes to an organization's reputation-building efforts.

Any firm depends on its customers. You may maintain effective contact with your consumers and create enduring relationships if you work on developing excellent interpersonal skills.

Customers who are satisfied will promote your company. They advertise and endorse your company. They are, however, also more understanding when things don't go as planned.

Learn more about effective communication here

brainly.com/question/4123103

#SJP4

8 0
2 years ago
Read the following scenario. An urban area in southern Texas is rapidly growing. The population has almost doubled over the past
Alex73 [517]
I'm not 100% sue but I think the answer is option D: District boundaries will remain the same, but the voting pattern will shift from Republican to Democratic. Hope this helps!
7 0
4 years ago
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