Even Though They Operate from Out-Of-The-Way Airports and Offer Few

question 138

Multiple Choice

Even though they operate from out-of-the-way airports and offer few extra services,discount,no-frill airlines like Ryanair and EasyJet have been successful.Consumers obviously consider

• A) the extra services offered by these airlines to be the most thorough in the industry.
• B) the long-term relationships established by these airlines to be a critical benefit.
• C) the prices to be slightly lower, but not low enough to have much influence.
• D) the benefit of lower prices to be greater than the cost of reduced services and less convenience.
• E) the major airlines to be worthless.

Explore the legal consequences of acquiring negotiable instruments under suspicious circumstances.

Understand the principles of when a demand instrument must be presented for acceptance or payment.

Recognize the conditions that render a note negotiable.

Identify the extent of liability for payment on a negotiable instrument.

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Definitions:

Mantle

In geology, the layer of the Earth between the crust and the outer core; in biology, a tissue that encloses the vital organs of mollusks and secretes the shell.

Mollusk Group

A diverse group of invertebrate animals that includes snails, clams, squids, and octopuses, characterized by a soft body that is often protected by a hard shell.

Club Fungi

Fungi that produce spores on club-shaped structures during sexual reproduction.

Sexual Spores

Reproductive cells produced by sexual reproduction in fungi and some plants that can develop into a new individual.