<span>True. Every person who signs a negotiable instrument is liable for payment of that instrument when it comes due. Once a signature is put on the instrument it makes the person liable for payment on it.
True. An acceptor is primarily liable on an instrument. An acceptor is a bank or someone who promises to pay an instrument it is presented for payment.
True. Warranty liability on a negotiable instrument does not require a signature and extends to both signers and non signers. A warranty liability comes up when a person is trying to negotiate the instrument.
False. The dishonor of an instrument relieves secondary parties of liability. If someone is in dishonor of an instrument they are held secondarily liable of the instrument. The notice of dishonor is a formal act letting the party know they are being held secondary liable. </span>
Are all prices in the economy equally inflexible?
Most prices are inflexible (sticky is another name used) in the short-run so that the economy can only adjust this if there are large changes in output. Inflexible prices normally stay the same even of demand increases, output will change but not the price.
Which ones show large amounts of short-run flexibility? Wages and prices are two economic factors that may have large amounts of short-run flexibility.
Which ones show a great deal of inflexibility even over months an? Expectations of workers are hard to change. Since these vary within different jobs, they may not be as flexible without many months of hard work to change them.
Answer:
The answer is D, 25%
Explanation:
I just took the quick check
Answer:
Explanation:
a. Parties who legally own the company
The kind of corporation that is owned by the shareholders is a stock insurer. While when policy holders elect board of directors then that is call a mutual insurer. This board of director enjoys control over the management control of the corporation.
b. Right to assess policyholders additional premiums
An asses sable policy can not be issued by the stock insurers, however policy of such kind can be issued by the mutual insurer. For mutual insurer, this policy depends on what kind of insurer is in place.
c. Right of policyholders to elect the board of directors
For stock insurer, its is the stockholders who elect the board of directors. While for mutual insurer, its the owners who elect the board of directors who have an effective control over the management.