This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A & D, Inc wrote a negotiable note payable to Vicy, Inc for the purchase of some satellite ... (Read 101 times)

leilurhhh

  • Hero Member
  • *****
  • Posts: 560
on: Jun 24, 2018
A & D, Inc wrote a negotiable note payable to Vicy, Inc for the purchase of some satellite receivers. A & D left the amount of the note blank because it was uncertain as to amount of the applicable tax. Vicy completed the note for 3,000 more than A & D actually owed for the receivers it purchased. The note was negotiated to a holder in due course. A & D will not have to honor the note as this constituted fraud in the execution.
  Indicate whether the statement is true or false

Question 2

The documentary letter of credit transaction serves as a means to assure the buyer and seller that the transaction is secured.
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

GCabra

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 24, 2018
Answer to Question 1

FALSE

Answer to Question 2

TRUE


leilurhhh

  • Member
  • Posts: 560
Reply 2 on: Jun 24, 2018
Gracias!

pangili4

  • Member
  • Posts: 346
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the Transverse Breaks the shaft of a bone across its longitudinal axis; the break is in the fibula, the
Retrograde pyelography (RP). Note the contrasting of the renal calyces, ureters, and bladder followi Retrograde pyelography (RP). Note the contrasting of the renal calyces, ureters, and bladder followi
Ida and Its Satellite Ida and Its Satellite
The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c The Canadian ballot is considerably simpler than the American ballot. Note there is nothing like a c
Summary of SOAP Note Content Cont. Summary of SOAP Note Content Cont.
Video: Phlebotomy

For a complete list of videos, visit our video library