Using only her initials promising to pay

Assignment Help Financial Accounting
Reference no: EM131265664

Jess signs a note using only her initials promising to pay "$1500 and my Rolex watch." This instrument is:

A. negotiable because it is an unconditional promise to pay

B. nonnegotiable because the signature is invalid

C. nonnegotiable because it does not recite any consideration

D. nonnegotiable because the note is not payable entirely in money.

Reference no: EM131265664

Questions Cloud

Statements creates a bearer instrument : Which of the following statements creates a bearer instrument
Calculate the bcwp-bcws : Question: Calculate the BCWP, BCWS, CPI, SPI, CV, and SV for the field report day 10. Show your calculations, and summarize the results on a table.
List six techniques for creating effective imagery : List six techniques for creating effective imagery in a presentation. Be prepared to discuss each. - Name three ways for a speaker to use verbal signposts in a presentation.
What systems want to put in place to make more effective : In your new position as a manager in a foreign nation, what systems will you want to put in place to make you more effective and enhance productivity? How will you respond when there is a small clash between your personal values and the cultural v..
Using only her initials promising to pay : Jess signs a note using only her initials promising to pay "$1500 and my Rolex watch." This instrument is:
Determine if the stock options meet the requirements : Determine if the stock options meet the requirements for an ISO or not. If not, what changes would you recommend to the company to make it as a qualified stock option?
Explain how to design an experiment using scientific method : How to design an experiment using the scientific method. The primary structures in plant cells, animal cells, and bacterial cells and the role of each structure. How each cell makes energy for cellular processes.
Calculate the generator excitation and terminal voltage : A synchronous generator having a synchronous reactance of 1.0 pu is connected to in- finite bus-bars of 1.0 pu voltage through two parallel lines each of 0.5 pu reactance.
How to implement a priority-based scheduler for xv6 : COP4610: Introduction to Operating Systems Project: Priority-based Scheduler for Xv6. In this assignment, you will learn how to implement a priority-based scheduler for xv6. To get started, download a new copy of the xv6 source code from here. Do N..

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd