Which of the following written endorsements would be an example of an endorsement prohibiting further endorsement?
A. "Pay to Elaine, without recourse, [signed] John"
B. "For collection only, [signed] John"
C. "Pay to Elaine only, [signed] John"
D. "Pay to Elaine, agent for John [signed] John"
C
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If there has been an impairment to goodwill, a disclosure describing the following is necessary:
A. the facts and circumstances leading to the impairment. B. the company's failure to realize expected cost-saving synergies. C. the parents tests conducted on preexisting goodwill before the goodwill is recorded as part of the acquisition. D. the theoretical justification for consolidated financial statements.
Which of the following statutes apply to business activities involving information technology?
i) the Integrated Circuit Topography Act ii) the Copyright Act iii) the Sale of Goods Act iv) the Negligence Act A) i and ii B) i, ii, and iii C) ii and iii D) ii, iii, and iv E) i, ii, iii, and iv