Susie smith signed a note agreeing to pay "annie greene, mary hodge" $1,000. the payment was for painting her house. an issue with the note was that it spelled annie's last name "greene," whereas annie spells it simply "green." annie and mary had a disagreement regarding how to split up the funds for painting the house. annie proceeded to sign the note on the back "annie green" and presented it to bill brown to satisfy a debt that she owed him. bill brown endorsed the note on the back and took it to the bank for payment. mary is unhappy because she did not obtain any of the funds and stated that annie could not legally endorse the instrument because it misspelled her name and because mary did not sign it. which of the following is true regarding mary's claim that the endorsement by annie was illegal because the note misspelled annie's name?
a) he is not a holder in due course because he did not provide value. b) he is not a holder because he did not provide value. c) he is not a holder nor is he a holder in due course because he did not provide value. d) the fact that a gift was involved does not prevent sam from being a holder in due course so long as other requirements are satisfied. e) the fact that a gift was involved does not prevent sam from being a holder in due course so long as other requirements are satisfied and sam is not a minor.
Answers: 2
Business, 21.06.2019 16:20, ghlin96
Kinkead inc. forecasts that its free cash flow in the coming year, i. e., at t = 1, will be β$10 million, but its fcf at t = 2 will be $20 million. after year 2, fcf is expected to grow at a constant rate of 4% forever. if the weighted average cost of capital is 14%, what is the firm's value of operations, in millions?
Answers: 2
Business, 21.06.2019 21:20, khalilh1206
Vital industries manufactured 2 comma 200 units of its product huge in the month of april. it incurred a total cost of $ 121 comma 000 during the month. out of this $ 121 comma 000, $ 46 comma 000 comprised of direct materials used in the product and the rest was incurred because of the conversion cost involved in the process. ryan had no opening or closing inventory. what will be the total cost per unit of the product, assuming conversion costs contained $ 10 comma 900 of indirect labor?
Answers: 1
Business, 22.06.2019 06:30, coralaguilar1702
73. calculate the weighted average cost of capital (wacc) based on the following information: the equity multiplier is 1.66; the interest rate on debt is 13%; the required return to equity holders is 22%; and the tax rate is 35%. (a) 15.6% (b) 16.0% (c) 15.0% (d) 16.6% (e) none of the above
Answers: 2
Susie smith signed a note agreeing to pay "annie greene, mary hodge" $1,000. the payment was for pai...
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