Homework Answers
Answer:
Correct answer is:
transfer and presentment
Explanation:
There are two implied warranties on transferors of negotiable instruments. The two warranties are transfer warranties and presentment warranties.
As such option E is correct and other options A, B, C, and D are incorrect.
Add Answer to:
Question 37 A party may be liable for a negotiable instrument because of a breach of warranty. The two types o warra...
TRUE OR FALSE • Question 11 The holder or bearer of the negotiable instrument may demand...
TRUE OR FALSE • Question 11 The holder or bearer of the negotiable instrument may demand from the debtor the benefit indicated in the document, whether or not the owner of the instrument. • Question 12 The principle of limited liability of the corporation means that the corporation is an entity with its own responsibility and separate from that of the shareholders with respect to the creditors. • Question 13 The trustee or trustee is obliged to administer the trust...
QUESTION 5 Under the doctrine of purported partners, a third party may hold liable persons who...
QUESTION 5 Under the doctrine of purported partners, a third party may hold liable persons who purport to be partners True O False
d. Neither Wanamaker nor Anderson is liable on the contract since the seller was obli. pated...
d. Neither Wanamaker nor Anderson is liable on the contract since the seller was obli. pated to ascertain Anderson's authority. has the right to regain possession of tomobile and to collect damages. Brian may sue and collect from either Rob- Inson or Ambrose Il Amorost must pay in damages, he will be entitled to Indemnification from Robin son. Ambron notllable for the wrongful Teposion of the wtomobile since he was obeying the direct order of Robinson 22. Under which of...
QUESTION 12 The justification in a proof is the conclusion of a valid argument form derived from premises O True O False QUESTION 13 Two propositions may be consistent without being logically eq...
QUESTION 12 The justification in a proof is the conclusion of a valid argument form derived from premises O True O False QUESTION 13 Two propositions may be consistent without being logically equivalent. O True O False QUESTION 14 When the lines in a proof are instances of valid logical forms, we can derive the conclusion and justify our derivation by referring to logical rules of implication. O True False QUESTION 44 What is the conclusion of the following syllogism?...
Please read the article and answer about questions. You and the Law Business and law are...
Please read the article and answer about questions. You and the Law Business and law are inseparable. For B-Money, the two predictably merged when he was negotiat- ing a deal for his tracks. At other times, the merger is unpredictable, like when your business faces an unexpected auto accident, product recall, or government regulation change. In either type of situation, when business owners know the law, they can better protect themselves and sometimes even avoid the problems completely. This chapter...
Required: 1. What is the amount of Apple’s accounts receivable as of September 30, 2017? 2....
Required:
1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
total) make up of...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
QUESTION 5 Under the doctrine of purported partners, a third party may hold liable persons who purport to be partners True O False
d. Neither Wanamaker nor Anderson is liable on the contract since the seller was obli. pated to ascertain Anderson's authority. has the right to regain possession of tomobile and to collect damages. Brian may sue and collect from either Rob- Inson or Ambrose Il Amorost must pay in damages, he will be entitled to Indemnification from Robin son. Ambron notllable for the wrongful Teposion of the wtomobile since he was obeying the direct order of Robinson 22. Under which of...
QUESTION 12 The justification in a proof is the conclusion of a valid argument form derived from premises O True O False QUESTION 13 Two propositions may be consistent without being logically equivalent. O True O False QUESTION 14 When the lines in a proof are instances of valid logical forms, we can derive the conclusion and justify our derivation by referring to logical rules of implication. O True False QUESTION 44 What is the conclusion of the following syllogism?...
Required:
1. What is the amount of Apple’s accounts
receivable as of September 30, 2017?
2. Compute Apple’s accounts receivable turnover as
of September 30, 2017.
3. How long does it take, on average, for
the company to collect receivables for fiscal year ended September
30, 2017?
4. Apple’s most liquid assets include (a)
cash and cash equivalents, (b) short-term marketable
securities, (c) accounts receivable, and (d)
inventory. Compute the percentage that these liquid assets (in
total) make up of...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
JOHNSON & JOHNSON AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF EARNINGS (Dollars and Shares in Millions Except Per Share Amounts) (Note 1)* 2016 71,890 21,789 50.101 20,067 9.143 29 Sales to customers Cost of products sold Gross profit Selling, marketing and administrative expenses Research and development expense In-process research and development Interest income Interest expense, net of portion capitalized (Note 4) Other (income) expense, net Restructuring (Note 22) Eamings before provision for taxes on income Provision for taxes on income (Note 8)...
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