Under Article 3 of the UCC, a note is:
a. an unconditional written order to pay that involves three parties: drawer, drawee, payee; the drawee may be a bank, person, or business; payment may be set at some future time
b. an unconditional written order to pay that involves three parties: drawer, drawee, and payee; the drawee must be a bank; payment must be "on demand"
c. a promise by one party to pay a certain sum of money to another party; two parties are involved: the maker and the payee; payment may be set at a date in the future
d. an acknowledgment by a bank that it has received money from a customer with a promise from the bank that it will repay the money received either at a specified date or upon demand; two parties are involved: a maker and a payee
e. none of the other choices
c
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A researcher randomly selected 10 census tracts from a metropolitan area. Within each census tract, 30 households were randomly selected. The sampling technique just described would be a ______________.
a. quota sample b. area cluster c. stratified random d. systematic random e. systematic quota
When announcing negative organizational news, how should the writer determine the correct format of the message?
A) The organization should develop boilerplate messages for a variety of scenarios and then choose the most appropriate. B) The organization should determine which format best matches the specific situation. C) The organization should use a plan that is fair and consistent. D) The organization should present the information in the most positive way possible. E) The organization should determine what information can be safely kept from public consumption.