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EastWind [94]
3 years ago
7

Jack receives a check from Kappa Company and indorses it "without recourse." This indorsement is:______.a. a blank indorsement.

Business
1 answer:
ser-zykov [4K]3 years ago
3 0

Answer:

b. a qualified indorsement.

Explanation:

Jack receives a check from Kappa Company and indorses it "without recourse." This indorsement is known as a "qualified indorsement".

In a qualified indorsement, the liability is usually disclaimed by the indorser when a phrase is added preceding the signature.

The qualified indorsement gives the indorser the ability to include "without recourse" which eventually relieves the indorser of any payment responsibility. During settlement of claims, Attorneys who collect checks from their clients usually sign using "qualified endorsements"

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Answer:

E. Reports how equity changes over a period of time.

Explanation:

Statement of owner's equity as the name suggests is the statement which describes the changes in owner's equity, as it is obvious that the change cannot occur at a point of time, it will occur over a period of time.

And therefore, the statement is prepared over a period generally for a fiscal year, or a financial year.

There is no statement prepared to show any change in owner's equity at a point.

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If a manufacturing process takes 4 hours per unit of x1 and 2 hours per unit of x2 and a maximum of 100 hours of manufacturing p
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The algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.

<h3>What is a constraint?</h3>

A constraint is a condition that an optimization problem must satisfy to provide a solution.

The types of constraints are:

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<h3>Answer Options:</h3>

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b. 4x1-2x2 <= 100

c. 4x1 + 2x2 <= 100

d. 4x1 2x2 >= 100

Thus, the algebraic formulation of the constraint involved in this manufacturing process is <u>c. 4x1 + 2x2 <= 100</u>.

Learn more about constraints at brainly.com/question/23796291

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