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2 years ago

A negotiable instrument can function as a substitute for cash.

Business

1 answer:

andreyandreev [35.5K]2 years ago

5 0

1.A negotiable instrument can function as a substitute for cash.- TRUE

2. a time draft is payable at a definite future time. TRUE

3. promissory note payable to "bearer" is not negotiable. - FALSE (It is negotiable)

4. A certificate of deposit is a type of note. - TRUE

5. A signature can consist of a word, mark, or symbol. - TRUE

6.An instrument that promises to pay "in gold" can be negotiable.- FALSE ( Anything payable in the form of a commodity like gold cannot be negotiable)

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2 years ago

This is section 3.7 problem 60: a clothing manufacturer has the cost function c(x)=1200+30x+0.5x2 , (in dollars), 0≤ x≤ 250 , wh

viktelen [127]

Answer:

90 suits per week must be produced and sold to achieve the maximum profit of $2,850.

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The profit function is given by the revenue function minus the cost function:

$P(x) = R(x) - C(x)\\P(x)=120x -1200-30x-0.5x^2$

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2 years ago

Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? Wh

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2 years ago

In an establishment that serves alcohol for on premise consumption and gets less than 50% of its gross receipts from alcohol sal

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Answer:

True

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In an establishment where alcohol is sold and its not 50% of gross receipts it is safe for a 16year ol to be a cashier in such establishment since alcohol like any other goods or service is taken or used accordingly in the establishment.

Cheers.

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3 years ago

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Answer:

$414,282.91

Explanation:

The issue price of the bonds is also known as the Present Value (PV) or current price of the Bonds and is calculated as :

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Using a Financial calculator to input the values as above, the PV or issue price will be $414,282.91

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2 years ago