Liability in which a person cannot be held contractually liable on a negotiable instrument unless his or her signature appears on the instrument is referred to as().
A.warranty liability
B.unqualified liability
C.contract liability
D.accommodation
A.warranty liability
B.unqualified liability
C.contract liability
D.accommodation
Which is NOT included in the coverages and liability limits of this insurance policy?
A.Medical payments to all others in that region
B.Private property
C.Dwelling
D.All other perils such as wind and hail
Which is NOT an advantage of LLC?
A.Limited liability
B.Avoiding double taxation
C.Easier access to stock market
D.Less-rigid profit allocation
A.Short-term notes payable
B.Accrued payroll taxes
C.Estimated warranties
D.All of the above
A.novation
B.substituted contract
C.mutual rescission
D.accord
While many torts are the result of negligence, tort law also recognizes () torts, where a person has intentionally acted in a way that harms another, and in a few cases (particularly for product liability in the United States) "strict liability" which allows recovery without the need to demonstrate negligence.
A、plaintiff
B、recovery
C、intentional
D、acquitted
B、Each partner's liability is limited to the amount of he or she invested.
C、Ease of formation.
D、Each partner must pay personal income taxes on his or her share of partnership net income.
On 3 January×××× an irrevocable documentary credit for USD500,000.00 is confirmed. On 17 January ×××× the confirming bank receives an amendment cancel-ling the documentary credit which it advises to the beneficiary. As at 18 January × ×××, what is the liability of both banks?
(1)( ) Issuing and confirming bank-USD0.00.
(2)( ) Issuing and confirming bank USD500,000.00.
(3)( ) Issuing bank-USD0.00, Confirming bank-USD500,000.00.
(4)( ) Issuing bank-USD500,000.00, Confirming bank-USD0.00.
B、establishing the rules and principles that regulate bank deposit procedures for checking accounts offered by commercial banks
C、stipulating the rules that regulate the creation and collection of and liability for wire transfers
D、reviewing and revising guidelines for ownership of securities by investors
Which of the following elements should be recognised in the financial statements of an entity in the manner described?
A.As a non-current liability: a provision for possible hurricane damage to property for a company located in an area which experiences a high incidence of hurricanes
B.In equity: irredeemable preference shares
C.As a trade receivable: an amount of $10,000 due from a customer which has been sold (factored) to a finance company with no recourse to the seller
D.In revenue: the whole of the proceeds from the sale of an item of manufactured plant which has to be maintained by the seller for three years as part of the sale agreement