If a bank warrants that the information it encoded on an item is correct and FNCB committed
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (8 reviews)
As the court point...View the full answer
Answered By
PALASH JHANWAR
I am a Chartered Accountant with AIR 45 in CA - IPCC. I am a Merit Holder ( B.Com ). The following is my educational details.
PLEASE ACCESS MY RESUME FROM THE FOLLOWING LINK: https://drive.google.com/file/d/1hYR1uch-ff6MRC_cDB07K6VqY9kQ3SFL/view?usp=sharing
3.80+
3+ Reviews
10+ Question Solved
Related Book For
Business Law Text and Cases
ISBN: 978-0324655223
11th Edition
Authors: Kenneth W. Clarkson, Roger LeRoy Miller, Gaylord A. Jentz, F
Question Posted:
Students also viewed these Business Law questions
-
If the sales tax, s, on an item is 8%, the sales tax on an item costing d dollars can be found by the equation s = 0.08d. Determine the sales tax on a pair of sneakers that cost $79.
-
Is it fair to hold Paulson liable for something it did not know about? Would it be fair to hold the Pure Brush Company liable for Anne Dawsons unauthorized actions?
-
Then why does the court hold that Schauer is an intended third party beneficiary?
-
Why should one-time write-offs of fixed capital be used in absorption cost systems?
-
The following account balances are taken from the records of Chauncey Company at December 31, 2012. The Prepaid Insurance account represents the cost of a three-year policy purchased on August 1,...
-
This Active Model appears in myomlab. It allows you to evaluate the relationship between the inventory record data and the planned order releases. QUESTIONS 1. Suppose that the POQ for item B is...
-
Why is control important? What do you think would happen without it?
-
Morro Bay Surfboards manufactures fiberglass surfboards. The standard cost of direct materials and direct manufacturing labor is $225 per board. This includes 30 pounds of direct materials, at the...
-
A particular security's default risk premium is 3 percent. For all securities, the inflation risk premium is 2.85 percent and the real risk- free rate is 1.90 percent. The security's liquidity risk...
-
Staffing The hospital staff has a capacity of 180 beds. The Nutrition Services Department may currently schedule up to 35 FTE per week when at 75-85% capacity. The department has a policy of avoiding...
-
How might the result in this case have been different if NBT had committed the encoding error and FNCB had suffered the loss?
-
How long is a written stop-payment order effective? What else could RPM have done to prevent this check from being cashed? RPM Pizza, Inc., issued a check for $96,000 to Systems Marketing for an...
-
Refer to the information in P5.3. Required 1. If other evidence suggests that Prism had only significant influence and not control over Sapphire, prepare the necessary equity accounting entries for...
-
State the matters required by the Companies Act, 1956 to be stated in auditors report to the shareholders on the accounts of a company audited by such auditor.
-
State the procedures an auditor should follow to verify the issue of share capital (a) For cash, (b) For consideration other than cash, and (c) For employees as sweat equity share.
-
What are the different types of advances of a bank according to RBI prudential norms?
-
You are the auditors of Apollo Services Ltd. and you have recently been reading a report on a similar company that criticised the auditors for failing to comment on the existence of the material...
-
What do you mean by Auditors Report?
-
Visit HPs corporate web site at http://www.hp.com. Use the menus to go to the pages headed Company information: About us History and Facts. What clues do these give you about the culture of HP?...
-
Smiths Family Fashions implemented a balanced scorecard performance measurement system several years ago. Smiths is a locally owned clothing retailer with fashions for men, women, teens, and...
-
For the GridPane version of the Greeting program, write a statement that makes the greeting start under the name box, and allocate just enough cells to avoid resizing the text box if the name is long.
-
Ying leased a machine to haul large logs in her lumbering business. The lease required Ying to keep the machine in good repair and fully insured, and to return it at the end of the lease in its...
-
Ying took her logging machine in for repairs. A week later she got a call from the shop to tell her that the machine was fixed and the bill was $4500. Ying had left strict instructions with the shop...
-
Roach owned a truck with a large crane attached. Roach took the truck to Verns Auto to have the crane removed with the intention of mounting it on another vehicle in the future. Verns allowed Roach...
-
Drilling Company uses activity-based costing and provides this information: Driver Rate Manufacturing Activity Cost Driver Materials handling Number of parts $ 0.60 Machinery Number of machine hours...
-
You are hoping to implement a project to distribute free fertilizer to farmers. In the current year (year 0), there will be an upfront administrative cost of $200 of setting up the program. Then,...
-
A owns ABC, Inc., an S corporation. A's stock basis was $10,000 at the beginning of year 1 and he loaned ABC $3,000 on Jan. 1. ABC has loss of $15,000 for the year. 30. How much of the loss can A...
Study smarter with the SolutionInn App