Give an Example of How a Corporate Manager Might Use

question 82

Essay

Give an example of how a corporate manager might use the capital markets in the operation of his/her corporation.Be sure to define capital market in your answer.

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Definitions:

Bad-Check Statute

Laws that penalize individuals who knowingly write checks from a bank account without sufficient funds.

Drawee Bank

The bank upon which a check is drawn, responsible for paying the check amount to the bearer or designated payee.

Drawer

The party who draws a draft, that is, the party who orders that the money be paid.

Payee

The party named in a note or draft to whom payment is to be made.