Bills of exchange Study guides, Study notes & Summaries

BUAD 342 Exam 1 with Complete Solutions selling "things" event Order to cash process Order to cash process 1. market (market goods or services) 2. negotiate (negotiate terms of a sales order) 3. select and inspect 4. prepare (prepare goods/services for delivery) 5. deliver (deliver goods/services to customer) 6. receive payment 7. negotiate (negotiate terms/accept return) Buying "things" event procure to pay process Procure to Pay process 1. identify (identify a need) 2...

ESB EXAM Study Guide Complete Questions (answered spring 2023) A beekeeper is analyzing the cash flow for his business for the prior year. What was the ending inventory value? A beekeeper wants to start a seasonal business renting hives to farmers to pollinate their orchards and crops. The beekeeper believes the business will cover its own costs after three months, and that start-up expenses for hives, trucking, and other costs through that same time will be $18,000. What is Total Financi...

Loan Signing Notary Study Guide | Questions with 100% Correct Answers | Latest Update 2024 | Verified What is a notary public? - A notary public is an official appointed by the county or state after his/her documents and examination results indicate his/her suitability for the job. A notary public has power to: - Administer an oath and affirmations and take depositions and affidavits; Certify copies of power of attorney; Issue protest bills in cases of non-payment or non-acceptance of fo...

Money & Banking Final from practice test and actual exams A rising stock market index due to higher share prices a. decreases people's wealth, but is unlikely to increase their willingness to spend b. increases people's wealth and as a result may increase their willingness to spend c. decreases the amount of funds that business firms can raise by selling newlyissued stock d. increases people's wealth, but is unlikely to increase their willingness to spend - CORRECT ANSWER b. incre...

Economics 2301 Final Exam 2023-TXST Sherwood Bishop(Solved correctly) What term is given to something that serves as a way of preserving economic value that can be spent or consumed in the future? A. Medium of exchange B. Unit of account C. Store of value D. Money market funds Store of Value What is meant by "store of value"? A. A definition of the money supply that includes currency, traveler's checks, and checking accounts in banks. B. Something that serves as a way of preserving...

True or False: The credit union's BSA Officer is ultimately responsible for the credit union's BSA compliance. - Correct answer-False. Although the BSA Officer is responsible for coordinating and monitoring day-to-day BSA/AML compliance and managing all aspects of the BSA compliance program, the credit union's board of directors is ultimately responsible for the credit union's compliance. This is why it is critical that the board of directors designate a qualified BSA officer and rece...

Law - Answer-made up of rules laid down by state and backed by enforcement -written social force -mean nothing w/o enforcement Rule of Law - Answer--laws are made generally and apply to everyone equally -necessary for strong and diverse economies -transparency in business Property - Answer-ownership-allows you to exclude others without your permission Common Property - Answer-resources like land that multiple people own Contract Law - Answer-enables an owner to exchange resources...

Simple contract - Answer One that doesn't need to be in writing Contracts that must be in writing - Answer Bills of exchange Regulated Consumer Credit Arrangements Transfers of land (speciality contracts) Guarantees Void - Answer = No contract at all e.g. Illegal contract Voidable - Answer = Can be set aside e.g. Lack of capacity Lack of free will Contract made due to misrepresentation Unenforceable - Answer = Valid contract but cannot be enforced e.g. Contract ...

Series 79 Primary Markets - correct answer Sale of securities directly from issuers to investors. IPO; weekly auction of treasury bills Secondary Markets - correct answer exchange of existing securities between investors. NYSE, etc Broker-Dealer - correct answer Broker is defined as any person engaged in the business of effecting transactions in securities for the account of others. Dealer is defined as any person engaged in the business of buying and selling securities for its own accoun...

Exempt Securities from SEC Registration correct answer: -securities listed by the U.S. or federal agencies -Municipal Bonds -Securities issued by banks, savings institutions and credit unions -Public utility stocks or bonds -Securities issued by religious, educational or nonprofit organizations -Notes, bills of exchange, bankers acceptances and commercial paper with an initial maturity of 270 days or less -Insurance policies and fixed annuities Exempt Transactions from SEC Registration...