Carrying a large inventory may improve customer service but will also increase the cost of ________ inventory

A holder in due course must take a negotiable instrument

a. within 90 days of its execution. b. with knowledge of all defenses against it. c. without notice of any defense against its enforcement. d. for cash.

Most LLCs accept the default status of being taxed like a partnership instead of electing to be

taxed as a corporation. Indicate whether the statement is true or false