Endorsements Should an endorsement written in pencil be legally acceptable? Why or why not?

Question:

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Essentials of Business Law

ISBN: 978-1259917134

10th edition

Authors: Anthony Liuzzo

See More Books

Question Posted: Apr 17, 2019 01:15 PM

See More Questions

1. The new accountant for Asheville Hardware Center, a large retail store, found the following weaknesses in the firm's cash-handling procedures. How would you explain to management why each of these...
1. Olympians generally do not turn into global phenomena. One reason is that they are highlighted only every four years (e.g., not too many people follow competitive swimming or downhill skiing...
After years of training, Sara has landed a contract playing professional lacrosse. Eager to leverage her pro status by bringing in endorsements, she asks Jenny MacGuire to be her personal manager....
You have extracted a trial balance and drawn up accounts for the year ended 31 December 20X7. There was a shortage of 78 on the credit side of the trial balance, a suspense account being opened for...
If Growth Industries from Problem 27 is operating at only 75% of capacity, how much can sales grow before the firm will need to raise any external funds? Assume that once fixed assets are operating...
Midori Company had ending inventory at end-of-year prices of $100,000 at December 31, 2013; $119,900 at December 31, 2014; and $134,560 at December 31, 2015. The year-end price indexes were 100 at...
The data for a random sample of 10 paired observations are shown in the table below. Pair Sample from Population 1 Sample from Population 2 1 19 24 2 25 27 3 31 36 4 52 53 5 49 55 6 34 34 7 59 66 8...
A tanning parlor located in a major shopping center near a large New England city has the following history of customers over the last four years (data are in hundreds of customers and months are the...
Question 2 7. Compute the activity variance for the cost where Planned activity of 626 units. Actual units 635 Cost formula is 51.860 per month plus 511 per unit. Actual cost was 59.200. 599 $4540...
The City Council of the City of Eastover adopted the following budget for its General Fund for 20X8. The budget was not revised during the fiscal year. The budgetary basis was modified accrual. City...
The innocent endorser of a forged instrument who negotiates commercial paper is liable. Is this fair?
Material Alteration How do significant changes made in an instrument affect the rights of the parties to it?
Normally, when aggregate demand increases, firms find it more profitable to raise prices than to leave prices unchanged. The idea behind the small-menu-cost explanation for price stickiness is that...
Consider a two-period model in which an individual needs to decide how much to consume in the present, c, and how much to consume in the future, c. The individual receives income, y, in the present,...
Koopman Company began operations on January 1, 2015, and uses the FIFO inventory method for financial reporting and the average cost inventory method for income taxes. At the beginning of 2017,...
Assume you have been given $400,000 CAD with access to all listed stocks, bonds, futures, and options worldwide. You can trade in options and futures, in combination with the underlying asset....
1.Basis of Islamic Accounting Theory The history of the birth of Islamic accounting is inseparable from the development of Islam, the obligation to record non-cash transactions (see QS. Al-Baqarah:...
What kind of information can you provide from the label on the door frame of a car? A scene of a car from drivers side a. factory recommended mileage a year b. factory recommended tire pressure c....
For the following exercises, plot the complex number in the complex plane. 4
In Exercises, find the equation of the tangent line at the given point on each curve. 2y 2 - x = 4; (16, 2)
Poulakis sold a computer using fraudulent means to Welson, who paid for the machine with a promissory note for $1,200. When Welson discovered the fraud, she refused to honor the note when it was...
McCutchon wrote a check payable to cash while he was in a supermarket. Before he got to the cashier, he realized that he had lost the check. Is this a bearer instrument, payable to any holder?
Should an indorsement written in pencil be legally acceptable? Why or why not?
why would an auditor want to complete dual-purpose tests? what procedure can be put into place to help prevent fraud? List 4 procedures.
Based on the following information, calculate sustainable growth rate for Groot, Inc.: Profit margin= 7.1% Total asset turnover = 1.90 Total debt ratio = .45 Payout ratio = 20% What is the ROA here?
Consider the following: a call option on a stock has strike price $100, premium of $5 and the current price of the underlying stock is $100. If you buy the call option today, what is your holding...

Endorsements Should an endorsement written in pencil be legally acceptable? Why or why not?

Question:

Step by Step Answer:

The fact that the endorseme...View the full answer

Essentials of Business Law

Students also viewed these Business questions