Question: This is Business Law. Please answer all! Question 20 (1 point) SOX also requires that publicly traded companies establish a code of ethics for senior
This is Business Law. Please answer all!
Question 20 (1 point) SOX also requires that publicly traded companies establish a code of ethics for senior management, and that any waivers or violations of the code of ethics be reported to the public. True False Question 21 (1 point) Matt issued a negotiable check, payable to the order of Natalia. Natalia indorsed the check and gave it to Richard. The indorsement reads, "Pay to the order of Richard, Without Recourse, Natalia." Which of the following statements is correct? Natalia has no liability as an indorser to Richard if Matt dishonors the check. Natalia has no liability as an indorser to Richard bur is secondarily liable to the others in the chain of liability. Natalia has no liability as an indorser to Richard but if Matt dishonors the check, she can be held liable for conversion. Natalia will be liable as an indorser to Richard but no one else in the chain of liability. LU Idldlid Villu TULUJUHIUUIJ 1 UULUL liability. Question 22 (1 point) Which of the following types of property would be classified as "goods" under Article 2 of the Uniform Commercial Code? A stock certificate. Cash in hand A patent issued to the seller. An automobile. True False Question 24 (1 point) Generally, Article 9 of the UCC applies to security interests in real and personal property. True False


Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
