Paul is the payee on a check. Paul has indorsed the check to Ivan by signing Paul
Question:
Paul is the payee on a check. Paul has indorsed the check to Ivan by signing “Paul” on the back of the check. This is known as a:
a. Special indorsement.
b. Blank indorsement.
c. Restrictive indorsement.
d. Qualified indorsement.
e. None of the above.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 0% (1 review)
b Simply ...View the full answer
Answered By
GERALD KAMAU
non-plagiarism work, timely work and A++ work
4.40+
6+ Reviews
11+ Question Solved
Related Book For
Business Law And Strategy
ISBN: 9780077614683
1st Edition
Authors: Sean Melvin, David Orozco, F E Guerra Pujol
Question Posted:
Students also viewed these Social Science questions
-
Consider the following trees. Classify each as either full, complete, both full and complete, or neither full nor complete. Circle your answer and provide explanation why. Also, which of the trees...
-
The Equity Method of accounting for investments: a) Requires the investment asset to increase proportionally with the affiliates net income b) Requires the investment asset to decrease proportionally...
-
To foster the development of self-efficacy, parents and caretakers should: A. provide tasks which a child can easily achieve: B. structure tasks that are a challenge but with a high likelihood of...
-
Alabama Corp.'s taxable income differed from its accounting income for 2023. Accounting income includes an expense of $25,000 under meals and entertainment expense, with $3,000 of that total being...
-
Use the internet to find a job advertisement for a management accountant. Identify the key roles and the applicant's qualifications required for this position.
-
eBook Print Item Lakeesha Barnett owns and operates a package mailing store in a college town. Her store, Send It Packing, helps customers wrap items and send them via UPS, FedEx, and the USPS. Send...
-
A person is required to toss 8 unbiased coins and note down the outcome of each. The random variable represents the number of heads. Determine whether the experiment is a binomial experiment. If it...
-
Russell Industries is considering replacing a fully depreciated machine that has a remaining useful life of 10 years with a newer, more sophisticated machine. The new machine will cost $200,000 and...
-
From the reading Welcome to Psychology 2e , an OpenStax in what ways do you have a better understanding of psychology? give examples and cite from the text
-
Paul is the payee on a check. Paul has indorsed the check to Ivan by writing Pay to Ivan and signing Paul on the back of the check. This is known as a: a. Special indorsement. b. Blank indorsement....
-
The words of negotiability include: a. Pay to the order of. b. Pay to bearer. c. Pay to cash. d. A, B, and C. e. None of the above.
-
Summer Company sells all its output at 25 percent above cost. Parade Corporation purchases all its inventory from Summer. Selected information on the operations of the companies over the past three...
-
Answer the f ollowing q uestions a nd d iscuss t hem i n c lass. What is the difference between a tort and a crime?
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. A promise to do something that one is already required to do either by law or by contract...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. The mailbox rule states that an acceptance sent via the postal system or by courier is...
-
Indicate whether each of the following statements is true or false by writing T or F in t he a nswer c olumn. The difference between extortion and bribery is that, in extortion, both parties are...
-
Indicate whether each of the following statements is true or false by writing T or F in the answer c olumn. An offer that includes specifi c time limits expires automatically when the time is up,...
-
With increasing emphasis on energy conservation, the heat loss from buildings has become a major concern. For a small tract house the typical exterior surface areas and R-factors (area thermal...
-
Refrigerant R-12 at 30C, 0.75 MPa enters a steady flow device and exits at 30C, 100 kPa. Assume the process is isothermal and reversible. Find the change in availability of the refrigerant.
-
James purchased office equipment for his business. The equipment has a depreciable basis of $16,000 and was put in service on June 1, 2022. James decides to elect straight-line depreciation under...
-
Lamden Company paid its employee, Chuck, wages of $163,000 in 2022. Calculate each of the following: Social Security withheld from Chucks wages, Medicare withheld from Chucks wages, Social Security...
-
The rate for the Social Security portion of FICA taxes for a non-self-employed individual is: a. 12.4 percent for the employer. b. 15.3 percent for the employee. c. 7.65 percent total for the...
-
How does the organization's strategic vision align with its operational goals, and what mechanisms are in place to ensure this alignment is consistently achieved ?
-
The following transactions took place for Kuvalis Ltd during May 2013: . Received $75,000 cash from customers Paid $24,500 to suppliers for inventory Recognized $12,000 of salaries expense to be paid...
-
Christen and Bob are buying a home for $800000. They make a down payment of 30% and finance the rest through a mortgage loan at 8% p . a . compounded quarterly . If they can afford to pay $4000...
Study smarter with the SolutionInn App