Kolese Inc

question 53

Multiple Choice

Kolese Inc.,a manufacturing company,includes stock options and stock purchase plans.Executives at the company will want to do what is best for Kolese because that will cause the value of the stock to grow.Which of the following is being exemplified in this scenario?

• A) Scanlon plan
• B) Balanced scorecard
• C) Long-term incentive
• D) Merit plan
• E) Short-term incentive

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Definitions:

Forged Indorsement

An unauthorized signature on a negotiable instrument, such as a check, with the intent to fraudulently obtain or transfer money.

Effective Indorsement

A signature on a negotiable instrument, such as a check or promissory note, that transfers the rights in that instrument to another party.

Holder

An individual or entity that legally possesses a negotiable instrument, such as a check or bond, and has the right to collect the value of the instrument.

Blank Indorsements

involves an endorsement on a financial instrument, like a check, that specifies no endorsee, making it payable to the bearer.