Presentment is a demand made by or on behalf of a person entitled to enforce the instrument for:

a. payment by the drawee or other party obligated to pay the instrument.
b. acceptance by the drawee of a draft.
c. Both are correct.
d. None of these are correct.

c

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The required grace period for weekly premium health insurance policies is

A) 31 days B) 10 days C) 14 days D) 7 days

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Based on the information in Table 4-1, and assuming the company's stock price is $30 per share, the

P/E ratio is A) 9.85. B) 10.99. C) 3.09. D) 4.83.

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