The interest rate is 7 percent per year. Compute the eight-month zero-coupon bond price using a compound interest rate with monthly compounding. * (1 Point) a. $0.9533 b. $0.9540 c. $0.9545 d. $0.9554 e. None of these answers are correct.
Answers
The correct answer is (c) $0.9545. To calculate the price of an eight-month zero-coupon bond using a compound interest rate with monthly compounding, we need to apply the formula for present value.
The interest rate of 7 percent per year needs to be converted to a monthly interest rate. By plugging the values into the formula, we can determine the correct price of the bond.
The formula to calculate the price of a zero-coupon bond using compound interest with monthly compounding is:
Price = Face Value / (1 + r/m)^(n*m)
Where:
Face Value: The future value or par value of the bond.
r: The annual interest rate.
m: The number of compounding periods per year.
n: The number of years until maturity.
In this case, the bond has an eight-month maturity, which is equivalent to 8/12 or 2/3 years. The interest rate is 7 percent per year, which needs to be converted to a monthly interest rate by dividing it by 12. Plugging in the values, we can calculate the price of the bond.
Using the formula with the given values, the correct answer is (c) $0.9545. It is important to note that the formula assumes that the bond pays no coupons or interest during its term, hence the term "zero-coupon bond."
The calculated price represents the present value of the bond, taking into account the time value of money and the compounding effect of the interest rate.
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Related Questions
The fact that multiple generations often work together in family businesses provides which of the following advantages? A) They will have equal skills with technology B) Family dynamics will play a part in business relationships C) perspectives of diverse clients are more likely to be taken into consideration D) Family members from different generations are more likely to get along
Answers
Answer:
Explanation: B) Family dynamics will play a part in business relationships.
Net fixed assets: Book value: $2,500, Market value: $3,000 Net working capital: $700 Current accounts liquidated: $1,500 ABC Corporation has $900 in long-term debt. What is the book value of equity?
Answers
Answer:
$2,300
Explanation:
The book value is $2,500
The market value is $3,000
The net working capital is $700
The current account that was liquidated is $1,500
The long term debt of ABC corporation is $900
Book value of equity = book value of assets - book value of liabilities
The first step is to calculate the book value of assets
= net working capital + net fixed assets
= $700 + $2500
= $3,200
The book value of liabilities can be calculated as follows
= long term debt which is $900
Therefore the book value of equity can be calculated as follows
= $3,200 - $900
= $2,300
Hence the book value of equity is $2,300
Which one of the four factors of copyright is MOST important?
Answers
Answer:
the purpose and character of the use i think
Explanation:
Reflective journal on impacts of unionization, why you choose
this topic and how it impacts on you?
Answers
I will provide you with a general explanation of a reflective journal on impacts of unionization.
What is unionization?Unionization is the act of forming or joining a labor union to advocate for better working conditions, wages, and benefits.
How unionization impacts workers and organizations:
Unionization benefits workers by giving them a collective voice in negotiations with employers. Employees who belong to a union generally receive better wages, benefits, and working conditions. Unionized workers also have more job security and are better protected from discrimination, harassment, and unfair treatment in the workplace. However, unionization can lead to higher labor costs for employers and create tension between unionized and non-unionized employees. Organizations must also negotiate with union representatives on issues such as wages, hours, and working conditions, which can be time-consuming and costly.How to write a reflective journal on impacts of unionization:
Begin by writing about why you chose this topic, and what you hope to learn from reflecting on it. As you continue to write, consider the following questions:-
How has unionization impacted workers and organizations?
- Have you ever belonged to a union or worked for an organization that was unionized?
How did this impact you?
- What are the benefits and drawbacks of unionization, from both the employee and employer perspective?
- What can be done to address the challenges and opportunities of unionization in today’s workforce?
- What role do you see unions playing in the future of work?
As you reflect on these questions, consider your personal experiences and opinions, and how they shape your understanding of the impacts of unionization.
Remember that the goal of a reflective journal is not to arrive at a single “correct” answer, but rather to engage in a thoughtful, honest, and open-ended exploration of a topic.
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A committee of the Arkansas legislature decided to analyze 353 homeowners insurance policies to determine if the consumers homes were covered for damage due to sinkholes, mold, and floods:
170 homes were covered for damage due to sinkholes.
172 homes were covered for damage due to mold.
234 homes were covered for damage due to floods.
105 homes were covered for damage due to sinkholes and mold.
115 homes were covered for damage due to mold and floods.
109 homes were covered for damage due to sinkholes and floods.
71 homes were covered for damage due to all three conditions.
1. Fill in the Venn diagram with the correct numbers in each region.
2. Answer the following questions using the information you found in the Venn diagram:
a. How many of the homes were covered for damage due to mold but were not covered for damage due to sinkholes? Show your calculations to receive full credit.
b. How many of the homes were covered for damage due to sinkholes or mold? Show your calculations to receive full credit.
c. How many of the homes were covered for exactly one type of damage? Show your calculations to receive full credit.
d. How many of the homes were not covered for damage due to any of the three conditions?
Answers
a. We know that 172 homes were covered for damage due to mold. Out of these 105 homes were covered for damage due to both sinkholes and mold.
From the Venn diagram we can see that 170 homes were covered for damage due to sinkholes and 172 were covered for damage due to mold. Out of these 105 homes were covered for both sinkholes and mold. To avoid counting the homes covered for both sinkholes and mold twice, we need to subtract 105 from the sum of 170 and 172. Thus, the number of homes that were covered for damage due to sinkholes or mold will be:170 + 172 - 105 = 237Therefore, 237 homes were covered for damage due to sinkholes or mold.
So the answer is 237.c. From the Venn diagram, we can see that:67 + 65 + 125 = 257Therefore, 257 homes were covered for exactly one type of damage. So the answer is 257.d. We know that 353 homes were analyzed. Out of these 71 were covered for all three conditions. Therefore, the number of homes not covered for damage due to any of the three conditions will be:353 - 71 = 282Thus, 282 homes were not covered for damage due to any of the three conditions. So the answer is 282.
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When Tyler, a veteran, started his business, he knew he had to keep costs to a minimum and he worried about taxes. He planned to build and distribute safety goggles for construction workers and military personnel. He realized most of his business would not be through walk-in customers but rather large orders from companies. He chose to locate in a government-subsidized area called a(n) __________, where he would receive tax breaks and other government support.
Answers
Tyler chose to locate his business in an area which government offer subsized tax rate and tax break in other favor job creation called an enterprise zone.
Areas which are specially offered subsidized rate of taxes in other encourage economic development of such geographical area are called enterprise zone.
In other ensure that companies locate their offices in this zones, government offers support and gives other enticing offers in other to promote job creation in such environment.
Therefore, government - subsidized rates are enjoyed in enterprise zones.
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making changes in response to problems or opportunities as they arise, rather than attempting to foresee them, is referred to as ______ change.
Answers
Answer: reactive
Explanation:
Can someone please help
Answers
A job is a paid position. While a career is a professional path that a person would undertake in a field to be a professional there.
What are the distinctions between the two?A job is a paid position of employment that typically requires a set of specific duties and responsibilities to be performed on a regular basis. To me, a job represents a way to earn a living and support oneself, as well as a way to gain experience and skills in a particular field. Getting a job often involves applying for open positions, completing interviews and meeting certain qualifications or requirements. A common way of finding a job is by looking for job openings on various websites, or by networking with people in the industry.
A career, on the other hand, is a longer-term pursuit of a professional path or occupation, often involving a progression of positions or roles within a particular field or industry. To me, a career represents a sense of purpose, growth and development, as well as a way to contribute to the society and make a meaningful impact. Building a career often involves setting goals, acquiring new skills, and working one's way up through the ranks of an organization or industry. A common way of building a career is by developing a professional network, taking on extra responsibilities, and continuously learning and growing.
The main difference between a job and a career is that a job is a temporary position, while a career is a longer-term pursuit. A job is more focused on the present and immediate needs, while a career is more focused on the future and long-term goals. A job may require only basic qualifications, while a career may require more advanced skills and education. A job is often viewed as a means to an end, while a career is often viewed as a calling or a vocation.
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the fact that news organizations have avoided stories that offend tobacco companies (many of which are large conglomerates) is an example of what aspect of the business environment?
Answers
The fact that news organizations have avoided stories that offend tobacco companies (many of which are large conglomerates) is an example of Commercialism.
What is Commercialism?Commercialization is the process of introducing new products or services to the market.The broader act of commercialization includes duties that are critical to the commercial success of the new good or service, such as production, distribution, marketing, sales, customer support, and other similar activities.Once a small business has grown and scaled its operations to the point that it can successfully target a larger market, commercialization often occurs.By selling packaged cinnamon rolls to adjacent grocery stores, for instance, a small bakery that is well-known for its cinnamon rolls and has had tremendous success selling them can market its products. This will open up the market for the pastries and have a variety of positive effects on the bakery's sales.A thoughtfully created three-tiered product roll-out and marketing strategy that includes the principal elements listed below is necessary for commercialization:
The conceptual stagethe phase of a business processinvolving stakeholdersTo learn more about Commercialism, refer to
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how does lever simplify the work? explain.
Answers
Explanation:
A lever works by reducing the amount of force needed to move an object or lift a load. A lever does this by increasing the distance through which the force acts. ... Instead, they make the work easier by spreading out the effort over a longer distance.
why might it be difficult to measure success using market share?
Answers
Answer: Certified answer
Explanation: Measuring success using market share may be difficult for several reasons. One reason is that market share does not take into account the profitability of a business. A company may have a high market share but still have low profitability due to high costs or low margins. On the other hand, a company with a low market share may be highly profitable due to low costs and high margins.
Another reason why market share may not be a reliable measure of success is that it does not consider the size of the market itself. A company may have a high market share in a small market but still have lower revenues and profits than a company with a smaller market share in a larger market.
Moreover, market share may not account for other important factors such as customer satisfaction, brand reputation, and innovation. A company with a high market share may be losing customers due to poor customer service or a negative brand reputation, which could lead to a decline in future sales.
Finally, market share can be affected by external factors such as changes in the market or economic conditions, which can make it difficult to maintain or increase market share even if a company is performing well in other areas.
Therefore, while market share can be a useful indicator of a company's competitive position, it should not be the only measure used to assess success.
Answer:
Measuring success using market share can be difficult for several reasons:
Market growth: Even if a company's market share remains the same or increases, it does not necessarily mean the company is successful. This is because the overall market might be growing, and other companies may be gaining market share at a faster rate. So, even though a company's market share might increase, its actual sales and revenue might be decreasing.
Market saturation: In mature markets, it may be challenging for a company to increase its market share significantly. This is because the market is already saturated, and there is limited room for growth. In this case, measuring success based solely on market share may not be an accurate representation of a company's success.
Fragmented markets: In fragmented markets with many small competitors, market share might not be an accurate measure of success. This is because a company's market share might be small, but it could still be profitable and successful.
Different market segments: A company might have a large market share in one segment of the market but be relatively insignificant in another segment. In this case, measuring success based on overall market share might not provide an accurate picture of the company's success in specific segments.
Price competition: A company might increase its market share by lowering prices, but this strategy might not be sustainable in the long term. In this case, measuring success based on market share might not be an accurate reflection of the company's profitability or overall success.
Therefore, while market share is an essential metric for companies, it should not be the sole measure of success. Other factors such as profitability, customer satisfaction, and brand reputation should also be taken into account when measuring success.
through the use of pert/cpm, astute managers can derive flexibility by identifying noncritical activities and re-planning, rescheduling, and reallocating resources such as personnel and finances. true false
Answers
The statement is True since flexibility by identifying non-critical activities and re-planning, rescheduling, and reallocating resources such as personnel as well as finances are derived definitely by PERT/CPM.
PERT is a project management method used to oversee uncertain (i.e., time-uncertain) project operations. The CPM project management approach is used to manage just certain (i.e., known) project tasks. CPM and PERT are important to project management tools. They are networks that display the relationships between an activity's priority and its associated time. It includes planning, scheduling as well as allocating resources.
Programs, or Project Management and Review Technique (PERT), are suited for projects where it is unknown how long it will take to complete certain tasks. For projects that recur in nature, the CPM, or Critical Path Method, is appropriate. For these reasons, astute managers derived flexibility based on the use of CPM/PERT.
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Suppose a firm monopolistically competitive market with the following cost of production:
C(Q) = 100Q + 90,000 where MC = 100
The current demand is P = 700 − Q. Desperate, the CEO is considering an advertising campaign that costs $50,000. According to its marketing department the campaign will boost the demand for its product from P = 700 − Q to P= 900 − Q.
What is firm X's profit without undertaking the advertising campaign?
Would you recommend undergoing the advertising campaign? Explain how you came to this conclusion.
Answers
Without undertaking the advertising campaign, the profit of firm X can be calculated by finding the quantity at which the marginal cost equals the original demand curve. The cost of production is given as C(Q) = 100Q + 90,000 with MC = 100. The original demand equation is P = 700 - Q.
To find the profit-maximizing quantity, we set MC equal to the demand equation and solve for Q:
100 = 700 - Q
Q = 600
Substituting the quantity into the demand equation, we can find the price:
P = 700 - Q
P = 700 - 600
P = 100
The price per unit is $100. Since the marginal cost is $100, the profit per unit is $0.
To calculate the total profit, we multiply the profit per unit by the quantity sold:
Profit = $0 * 600 = $0
Therefore, without undertaking the advertising campaign, firm X would make zero profit.
As for whether to undergo the advertising campaign, we need to compare the potential profit with and without the campaign. With the campaign, the new demand equation is P = 900 - Q. We can repeat the same calculations to find the new quantity and price at the profit-maximizing point.
However, without knowing the additional cost or revenue generated by the advertising campaign, it is not possible to determine the profitability of the campaign. The CEO should consider the cost of the campaign and the potential increase in demand to assess whether the expected increase in profit justifies the investment.
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You have just deposited $10,500 into an account that promises to pay you an annual interest rate of 6.4 percent each year for the next 5 years. You will leave the money invested in the account and 15 years from today, you need to have $29,750 in the account. What annual interest rate must you earn over the last 10 years to accomplish this goal?
Answers
Answer:
7.59%
Explanation:
Calculation for What annual interest rate must you earn over the last 10 years to accomplish this goal
Future value required=[Amount of deposit*(1+6.4%)^5]*(1+I)^10
$29,750=[$10,500*(1+6.4%)^5]*(1+I)^10
$29,750=[$10,500*(1+0.064)^5]*(1+I)^10
$29,750=[$10,500*(1.064)^5]*(1+I)^10
$29,750=[$14,318.497198]*(1+I)^10
(1+I)^10=[$29,750/$14,318.497198]
(1+I)^10=2.077732013
(1+I)=2.077732013^(1/10)
(1+I)=1.07586791
Hence, annual interest rate will be:
Interest rate, I=(1.07586791-1)*100
Interest rate=0.07586791*100
Interest rate=7.586791%
Interest rate=7.59% (Approximately)
Therefore the annual interest rate that you must earn over the last 10 years to accomplish this goal is 7.59%
which of the following is not a product cost under variable costing?
Answers
Alice listed a three-bedroom home for her client, but before she finds a buyer, the home burns to the ground. what happens to the agency agreement that alice has with her client?
Answers
What would happen to the agency agreement is that it would be terminated based on the fact that this house has been burnt to the ground.
What is an agency agreement?This is the term that is used to refer to the business arrangement that would have a particular person that is known to be an agent who is in charge of working for the other client who is the principal. This person helps the principal to arrive at deals and also close these deals.
In the agreement here, everything would be terminated based on the fact that the property that is the object of the deal is no longer in existence. Hence the deal can no longer go on.
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2. Which of the following is not one of the common
activities of all businesses?
a. producing goods and services
b. employing and training personnel
c. marketing goods and services
d. maintaining business records
Answers
Answer:
A
Explanation:
Answer:
it might be d
Explanation:
Its d because business records are really not common activities of all business
which type of learning involves reading a text to learn languages, business etiquette, and the history of a country?
Answers
The type of learning which involves reading a text to learn languages, business etiquette, and the history of a country is known as academic learning.
What is academic learning?Academic learning is a type of learning that occurs in academic settings, such as schools or universities, and is frequently linked with advanced or higher-level education.
It is the learning that is required for students to progress to the next level of their education, whether it be from one grade level to the next, from high school to college, or from college to a higher degree.
Acquiring a new skill is an example of academic learning. Reading a book on history to improve your knowledge of a country is another example. This type of learning is linked to the traditional classroom environment, which emphasizes reading, writing, and the acquisition of new knowledge.
Academic learning occurs in a controlled and structured environment, and it is assessed and evaluated by teachers or other qualified instructors.
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True or False?
Social workers work at both the state and national level.
Answers
Explanation: because true
From 1970 to 1994, Robert Citron was the treasurer of Orange County. He was manager of the county’s investment portfolio. The portfolio performed poorly in 1994 and caused the county to file for bankruptcy in December of that year, the largest municipal bankruptcy in U.S. history. In July 1993, Citron predicted that interest rates would not go up. When an investment banker asked Citron how he knew this, he is reported to have replied: "I am one of the largest investors in America. I know these things."
a. What pervasive cognitive bias is apparent in Citron’s response? (one sentence)
b. By August 1994, the (unrealized, i.e. "paper") losses to the Orange County portfolio were mounting. An article in USA Today reports that Citron actually increased his borrowing "in a desperate bid to recoup his losses." Use the prospect theory value function to shed light on Citron’s behavior. (several sentences)
Answers
A. The pervasive cognitive bias apparent in Citron's response is overconfidence bias. He believed that he had a superior understanding of the market and interest rates and was overly confident in his ability to predict future market movements.
B. Citron's behavior of increasing borrowing in a desperate bid to recoup his losses is consistent with prospect theory's value function. According to the value function, individuals are risk-averse when it comes to gains but risk-seeking when it comes to losses.
Bankruptcy in business refers to a legal process by which a company declares that it is unable to pay its debts. This declaration is made in court, and if the court accepts the declaration, the company is granted protection from its creditors. This protection allows the company to reorganize its finances, assets, and operations, with the goal of paying back its creditors in part or in full.
Bankruptcy can be initiated voluntarily by the company, or it can be forced by creditors. In either case, bankruptcy can have significant consequences for the company, including the potential for liquidation of assets and the loss of control by the company's owners.
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24. The company is considering two independent projects with an initial cost of $18,000 each. The cash inflows of Project A are $3,000, $7,000, and $10,000 for Years 1 to 3, respectively. The cash inflows for Project B are $3,000, $7,000, and $15,000 for Years 1 to 3, respectively. The required return is 12 percent and the cutoff discounted payback period is 3 years. Based on discounted payback, which project(s), if either, should be accepted
Answers
Answer: Project B
Explanation:
To find out the project that should be accepted based on the discount rate and the cut-off discounted payback periods, find the present value of the three year cashflows of each project. If it is larger than the initial investment then it should be accepted:
Project A
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 10,000 / (1 + 12%)³
= $15,376.73
Project A's present value is less than the initial investment of $18,000 so it should not be chosen.
Project B
= 3,000 / (1 + 12%) + 7,000 / (1 + 10%)² + 15,000 / (1 + 12%)³
= $18,935.63
Project B's present value is larger than the initial investment of $18,000 so it should be chosen.
Marcus is in seventh grade. He has decided that he wants to go to college when he graduates from high school. What are the best things Marcus can do to help pay for his college education? Select all that apply.
Marcus could open a savings account and start saving money.
Marcus could ask his neighbors to help pay his college tuition.
If possible, Marcus’s parents could help him pay for his college expenses.
Marcus could ask the college to let him attend for free.
Marcus could drop out of high school, get a job, and save his tuition first.
Answers
Answer:
Marcus could open a savings account and start saving money
If possible, Marcus’s parents could help him pay for his college expenses.
Explanation:
Answer:
Its A and C
Explanation:
1. Give the three (3)
business resources
Answers
Answer:
Financial Resources
Human Resources
Educational Resources
Explanation:
Why does the government get involved with international trading?
Answers
Is used to characterize country's financial policies that inhibit free trade and shield domestic industries from import competition. Because they are the ones who will implement taxes, quotas, or international sanctions that may impede the trading of specific items from such a country to other countries, governments are engaged in international trade.
Most frequently, role in the government in international trade through import duties.
Governments also get involved with economic trade policies. To shield emerging markets from severe competition is one of the main motivations. The industries in emerging nations that might not survive in comparison with more developed nations must paying special attention to this issue. Most commonly, governments interfere in international trade via import tariffs.
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reviewers are largely supportive of the increased push to have people pre order video games
A- true
B- false
Answers
Answer:
False
Explanation:
Reviewers resist the pre-order movement because it circumvents their role in the marketing process.
What are five 5 ways of maintaining confidentiality?
Answers
Following ways to maintain confidentiality:
Ensuring that delicate interactions take place exclusively in private settings.
Only required and relevant information is recorded and accessed.
Changing log-ins and passwords as needed and maintaining IT security procedures and applications up to date.
What do you mean by confidentiality?
Confidentiality refers to a set of rules or a pledge generally carried out through confidentiality agreements that limit access to or prohibit particular information. Lawyers are frequently compelled by law to keep information relevant to a client's representation secret. The obligation of secrecy extends well beyond the attorney-client evidentiary privilege, which solely applies to conversations between the attorney and the client. Both the privilege and the responsibility are intended to encourage clients to talk openly about their issues. This allows attorneys to fulfill their obligation to offer clients, aggressive counsel.
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The risk associated with the unlikelihood that one of the key members will be struck by lightning would most likely be handled by which of the following?
A) Mitigating
B) Retaining
C) Ignoring
D) Transferring
E) Avoiding
Answers
Answer:
B) Retaining
Explanation:
The risk retaining refers to the risk in which the company takes the decision that represents the responsibility for some specific risk i.e. opposed to the risk transfer over and above to the insurance company
Here the risk retain is adopted when the doing cost is less than the fully or partially cost
In the given situation, since it is mentioned that the risk is attached with the unlikelihood and struck from lighting so this is to be handled by retaining
hence, the correct option is B. Retaining
What is the best thing that you can do for your financial future?
Answers
Some of the best things you can do for your financial future include creating a budget, saving and investing regularly, managing debt, building an emergency fund, educating yourself about personal finance, and planning for retirement.
There are many things that you can do to improve your financial future, but some of the best things include:
Creating a budget: Having a budget in place can help you manage your money more effectively, and ensure that you are saving enough for your future goals.Saving and investing regularly: Saving and investing a portion of your income regularly can help you build wealth over time.Managing debt: Paying off high-interest debt as soon as possible and avoiding taking on more debt can help you improve your overall financial position.Building an emergency fund: Having an emergency fund can provide a financial safety net in case of unexpected expenses or loss of income.Educating yourself about personal finance: Understanding the basics of personal finance, such as how to invest, how to budget, and how to manage debt, can help you make informed decisions about your money.Planning for retirement: Planning for your retirement by starting to save early, choosing the right type of retirement account, and seeking professional advice if needed.To learn more about the financial future at
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Case Problem Analysis: Mid-Pacific Tennis Courts (MPTC), a small family-held corporation, hired Leroy Jacob as a salesperson. Jacob devised a scheme to defraud MPTC. Using MPTC customer leads, Jacob entered into contracts with potential customers to build tennis courts without informing MPTC. Jacob accepted checks from potential customers made payable to MPTC. Jacob then deposited those checks in his personal bank account with Peoples Bank & Trust Co. (Peoples Bank) without indorsement or permission by MPTC. Jacob took the money and disappeared. When MPTC learned of the fraud and discovered that the checks were accepted for deposit by Peoples Bank in Jacob’s personal account, MPTC sued Peoples Bank to recover the amount of the checks in question. Did Peoples Bank properly accept the checks for deposit?
Identifying the Facts and Issues
The Uniform commercial Code (UCC) has the following requirements for instrument to be negotiable: the instrument must be in writing, the instrument must be payable to order of or to the bearer, the instrument must include an unconditional promise, the instrument must state a fixed amount of money, the instrument must be payable on demand, and ______. A transfer of an order instrument requires the ______ of the payee. An indorsement is a _____ which is typically placed _____. Generally, the purpose of an indorsement on an instrument is to ______. The checks deposited by Jacob _____ indorsed by MPTC. Therefore, Peoples Bank ____ accepted the checks for deposit.
What If the Facts Were Different?
Assume that Jacob convinced the potential customers to write checks out to him personally, rather than MPTC. Jacob then signed the checks and deposited them with Peoples Bank. Peoples Bank had no notice of the fraud.
In this case, _____ is the drawer, and _____ is the payee.
MPTC’s name ____ appear on the check. The checks _____ negotiable. Therefore, Peoples Bank ____ accepted the checks for deposit.
Answers
The UCC does not require that a negotiable instrument be payable on a particular date or at a particular time. The checks were not properly accepted for deposit by Peoples Bank since MPTC did not endorse them.
Where does an endorsement usually go?Normally, endorsements are found on the instrument's back, although they can also be found attached to the instrument as a piece of paper. An allonge is the name for such a connection.
Among the following, which expresses endorsement?If the indorser adds an instruction to pay the amount listed in the instrument to, or to the order of, a specific person, the indorsement is considered to be "in blank" if he signs his name alone.
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If deposit insurance is most important to you when selecting a financial institution, you are most concerned witha. safetyb. conveniencec. services
Answers
You are most concerned with safety if deposit insurance is the factor that matters to you the most when choosing a financial institution.
What do you mean by financial institution?
Some of life's most significant moments are supported by financial institutions. Make sure the bank satisfies certain requirements before deciding where to keep your money. A place that completes and facilitates monetary transactions, such as loans, mortgages, and deposits, is often referred to as a financial institution. When picking a bank to keep their money with, customers can make an informed decision if they are aware of the essential characteristics of financial institutions.
So, The required answer is safety.
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