Correct/Complete Question: Transfer of an order instrument by indorsement and delivery warranty liability to any subsequent holder who takes the instrument in good faith. True or False
Answer:
True
Explanation:
A warrant liability can also be called a borrower's liability and it is the responsibility incurred by a borrower on a borrowed instrument.
When an instrument is transferred to a borrower by indorsement, the borrower has the warrant liabilty extended to him. When the instrument transferred is not done with indorsement, only the lender has the warranty liability.
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Based on the Trompenaar's value dimensions the culture that separate the work and the private lives of the manager is the specific oriented value
Explanation:
There are seven basic values based on which each of them are defined and the dimension that allow the people to keep their private lives and their work life different is called as specific oriented culture
The other dimensions also includes the difference between the national cultures and they developed the model in each cultures and they can help the people to understand the basic differences
A decrease in private sector borrowing and spending caused by increased government borrowing is crowding out.
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What is crowding out?</h3>
- Crowding out is a phenomenon in economics that occurs when increased government participation in a sector of the market economy has a significant impact on the rest of the market, either on the supply or demand side of the market.
- One type that is commonly discussed is when expansionary fiscal policy reduces private-sector investment spending.
- Government spending is "crowding out" investment because it requires more loanable money, raising interest rates, and limiting investment spending.
- This fundamental study has been expanded to include numerous channels, which may result in little or no change in total output.
Therefore, a decrease in private sector borrowing and spending caused by increased government borrowing is crowding out.
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Answer:
$90,000
Explanation:
The non controlling interest is the amount of ownership position in a subsidiary which is not owned by the parent. In the given scenario Lyle's had an inventory of 40% goods in transit. The Roberts reported a profit of $300,000. The non controlling percentage in Lyle's is 30%. The net income that will be reported to Lyle's will be 30% of $300,000 less any profit on goods in transit.