A conditional promise is not a negotiable instrument

Indicate whether the statement is true or false

TRUE

Business

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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