Ross signs an instrument using an "R" with a circle around it. With this mark for a signature, the instrument is
A) negotiable.
B) nonnegotiable, because an initial does not state the signer's name.
C) nonnegotiable, because an initial is not a signature.
D) nonnegotiable, because a simple initial implies a lack of binding intent.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Ross signs an instrument using an "R" with a circle around it. With this mark for a signature, the instrument is A) negotiable. B) ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
Which of the following is NOT an accurate statement? a. William Schaffer, International Business Development Manager for Sun Microsystems has stated, "If there's one skill that's required for success in this industry, it's communication skills." b.
Answers (1)
At December 31, 2017, Pronghorn Corporation owes $514,900 on a note payable due February 15, 2018. If Pronghorn refinances the obligation by issuing a long-term note on February 14 and using the proceeds to pay off the note due February 15, how much
Answers (1)
Suppose a movie theater determines it can charge different prices to patrons who go to weekday matinees and people who attend evening and weekend shows. The movie theater's goal is to increase total revenue.
Answers (1)
The Bureau of Natural Resources, a U. S. government agency, put out a contract for 45,000 document copiers.
Answers (1)
Which of the following is correct with respect to Debt Service Funds? 1. Debt service funds account for and report finencial resources that are restricted, committed or assigned to expenditure for principle and interest for al governmental long-term
Answers (1)
New Questions in Business
Pacific Packaging's ROE last year was only 6%; but its management has developed a new operating plan that calls for a debt-to-capital ratio of 40%, which will result in annual interest charges of $336,000.
Answers (1)
Joe has $100,000 in an investment account. He is looking to retire in 12 years. He needs a minimum of $240,000 in order to retire. What rate of return does Joe need to make on his investment in order to be able to retire?
Answers (1)
Toombs Media Corp. recently completed a 3-for-1 stock split. Prior to the split, its stock sold for $160 per share. The firm's total market value was unchanged by the split.
Answers (1)
In the micro frame analysis of intercultural conflict, you focus on
Answers (1)
If Rosa expects interest rates to fall for the next 10 years, she should invest her money in? A) 10 year bonds B) treasury bills C) one year cd D) money market account
Answers (1)