Answer: Option (B)
Explanation:
This is because under this scenario the holder in due time of the negotiable instrument tends to have the priority over the early perfected known security interest, also the best known way in order to perfect the security interest under an negotiable instrument is done by taking possession of the instrument, since doing so prevents the later individual from adapting to the holder in due time.
Answer:
the book value per common share is $60.
Explanation:
Book Value Per Share = Equity Applicable / Number of Shares Outstanding
= $60,000/ 1,000
= $60
Thus the book value per common share is $60.
<span>GDP per capita is not a good measure of the standard of living because there is no attention paid to the price level in GDP per capita. For example, your GDP could be really high such as in places like Japan(largest economy in the world at the moment) so their GDP per capita is high. However, their cost of living is also very high(due to lack of land area) leading to a low standard of living.</span>
Answer:The average daily balance is a common accounting method that calculates interest charges by considering the balance invested or owed at the end of each day of the billing period, rather than the balance invested or owed at the end of the week, month or year.