A conditional promise is not a negotiable instrument
Indicate whether the statement is true or false
TRUE
Business
You might also like to view...
Which of the following statements concerning net income versus cash flow is most correct?
a. Net income is a rough measure of a business's cash flow. b. Net income can be converted into a rough measure of cash flow by adding noncash expenses, typically depreciation. c. Net income can be converted into a rough measure of cash flow by adding nonoperating income. d. Net income can be converted into a rough measure of cash flow by adding the provision for bad debts. e. None of the above statements are correct.
Business
When OXO first developed a potato peeler, its adoption rate was influenced by its relative advantage vs. products that already existed in the market.
a. true b. false
Business