A tenant obligated on a lease vacates the house early with no intention of fulfilling the terms of the lease. What kind of termination is this?

a. Amendment.
b. Abandonment.
c. Surrender.
d. Accord and satisfaction.

Answer: b. Abandonment.

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Which of the following is true of a special indorsement?

A) It is only considered valid if it includes words of negotiation. B) It requires the signature of the indorser to be valid. C) It can be negotiated just on delivery. D) It is considered a bearer instrument.

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One way to mitigate the bullwhip effect is to refuse to offer discounts and sales

Indicate whether the statement is true or false

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