A negotiable instrument can be transferred only by negotiation. (True/False)
Question:
A negotiable instrument can be transferred only by negotiation. (True/False)
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (2 reviews)
False A negotiable instrument can be transferred by negotiation but it ...View the full answer
Answered By
Bhartendu Goyal
Professional, Experienced, and Expert tutor who will provide speedy and to-the-point solutions. I have been teaching students for 5 years now in different subjects and it's truly been one of the most rewarding experiences of my life. I have also done one-to-one tutoring with 100+ students and help them achieve great subject knowledge. I have expertise in computer subjects like C++, C, Java, and Python programming and other computer Science related fields. Many of my student's parents message me that your lessons improved their children's grades and this is the best only thing you want as a tea...
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Business Law Text And Exercises
ISBN: 9780357717417
10th Edition
Authors: Roger LeRoy Miller, William E. Hollowell
Question Posted:
Students also viewed these Social Science questions
-
Briefly discuss the possible financial risks associated with portfolio investment and what are the differences between them? and how they can be mitigated?
-
Name of the elements are based upon the name of the place where the element was found the first time or upon specific colours. Options: 1) True 2) False
-
Legal issues appear in the paper every day in the context of news stories whether it is about cases before the Supreme Court involving constitutional issues, proceedings in the International Court of...
-
Determine the breakeven point for each plant. Hambry Enterprises produces a component for recycling uranium used as a nuclear fuel in power plant generators in France and the United States. Use the...
-
A cable TV company has 4000 customers paying $110 each month. If each $1 reduction in price attracts 50 new customers, find the price that yields maximum revenue. Find the maximum revenue.
-
Determine whether each statement is true or false, and explain why. If the elasticity of demand is greater than 1, then the demand is elastic.
-
Dixon, Cowell and Cooper are in partnership sharing profits and losses in the ratio 2:2:1 respectively. During the year ended 31 December 2007 the net profit of the firm was 30,538. You are also...
-
1. Go to Fortune magazine, February 2, 2009, and turn to pages 6465 or go to www.sas.com and search under the heading SAS Family. Using the criteria on these pages, evaluate the SAS Institute. Do...
-
Question 13 5 pts Using the information found under the Chapter 11 (Capital Budgeting) section, please calculate Net Present Value (NPV) for Project Y. Please round you answer to the nearest whole...
-
A bearer instrument is payable to whoever possesses it. (True/False)
-
Alkhemer Alialy executed a promissory note and mortgage to be paid in monthly installments over twenty-five years. The note contained an acceleration clause giving the holder the option to accelerate...
-
Determine whether the set of ordered pairs is a function. {(1, 1), (1, 2), (1, 3), (1, 4)}
-
a. State the functions that apply to cash disbursements transactions. b. For each cash disbursements function, indicate (1) the department that performs the function and (2) the principal document or...
-
a. What is the direction of testing controls for purchases transactions that pertains to the existence or occurrence assertion? b. What is the direction of testing controls for purchases transactions...
-
Among other things, client strategy templates address: a. The relevance of management's growth strategy and financial and operating goals. b. The reliability of management's strategic alliances and...
-
For each of the following necessary controls pertaining to cash disbursements transactions, indicate the related potential misstatement and possible test of controls. a. Use and account for...
-
a. Which assertion is of primary importance to the auditor in auditing accounts payable? Why? b. Indicate the relationship of control risk assessments for expenditure cycle transactions to the...
-
List and briefly describe the typical items included in a commercial mortgage loan application package.
-
Write the statement to store the contents of the txtAge control in an Integer variable named intAge.
-
Former RBC Dominion Securities investment banker Andrew Rankin was found guilty in Ontario provincial court of 10 counts of tipping a friend, Daniel Duic, about pending corporate deals. Duic used the...
-
In an effort to counter illegal insider trading, market manipulation and accounting fraud, the Ontario Securities Commission (OSC) has introduced a whistleblower program. Individuals who voluntarily...
-
What is the difference between a widely held and a closely held corporation?
-
Fraser Corporation declares a cash dividend to common shareholders. How does this transaction impact the accounting equation: Assets [Select] Liabilities [Select] and, Stockholders' Equity [Select]
-
Insert Design Layout References Mailings A- A- B abe X, X2 Account Titles Cash Accounts receivable Supplies Equipment Vehicles Accumulated depreciation Accounts payable Accrued wages payable Note...
-
Page 65 Q23 The following data show the year to date percent change (YTD % Change) for 30 stock market indexes from around the world.(MarketIndexes) a. What index has the largest positive YTD %...
Study smarter with the SolutionInn App