Which of the following examples is NOT a trust indorsement?
a. Rao indorses his payroll check in blank.
b. Rao has to leave town, but wants to purchase a used car from a friend. He has his lawyer do the transaction and indorses his payroll check to his lawyer "as agent for Rao."
c. Rao asks his accountant to pay some bills for him while he is out of the country, so he indorses his payroll check to the accountant "as agent for Rao."
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Which of the following examples is NOT a trust indorsement? a. Rao indorses his payroll check in blank. b. Rao has to leave town, but wants ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Sheridan Company's contribution margin is $22.5 per unit for Product A and $40.0 for Product B. Product A requires 2 machine hours and Product B requires 4 machine hours.
Answers (1)
The International Zoological club publishes a monthly magazine for zoology enthusiasts. Members are required to pay an initial fee to cover the first two years of the subscription when registering with The International Zoological club.
Answers (1)
Young raxxi invested in a back-loading mutual fund at a rate of 3%. the net asset value at the time of purchase was $18.48. at the time young sold his fund shares the net asset value was $18.25. his investment was $9,240.
Answers (1)
3.63 cubic yards + 1.53 cubic yards
Answers (1)
What is the change due if a $5 bill is tendered for a charge of $4.21? A. 0.79 B. 1.21 C. 1.79
Answers (1)
New Questions in Business
Buster industries pays weekly salaries of $17,800 on friday for a five-day week ending on that day. the adjusting entry necessary at the end of the fiscal period ending on tuesday is
Answers (1)
While working in a fast food outlet, Harold observed that most of the customers were working in offices in the neighborhood. Sensing a profitable opportunity, he decided to open a catering business.
Answers (1)
Suppose that dunkin donuts solicited a group of customers to provide feedback on its products over time; for example, completing a survey every six months over a period of years. what marketing research technique would this represent?
Answers (1)
The act of purposely failing to pay taxes is known asThe act of purposely failing to pay taxes is known as withholding. tax evasion. a progressive system. a tax penalty.
Answers (1)
Rich, Inc. acquired 30% of Doane Corporation's voting stock on January 1, 2018 for $1,000,000. During 2018, Doane earned $400,000 and paid dividends of $250,000.
Answers (1)