Robinson Crusoe Has Formed a Business That Sells Carved Gourmet

question 32

Multiple Choice

Robinson Crusoe has formed a business that sells carved gourmet coconuts.He has hired five employees.The most senior is Friday,who manages the carving process.Monday is the newest employee.She collects the coconuts.Tuesday,as you might expect,takes calls from curstomers,oops,I mean customers,who are unhappy with their coconuts.Wednesday tosses finished coconuts into the sea,whereupon they drift to the wholesaler.Thursday sends smoke signals to the wholesaler extolling the virtues of the latest production run of nuts that are drifting across the bay.Which of the following functions in the value chain is Wednesday performing?

• A) Inbound logistics
• B) Operations
• C) Outbound logistics
• D) Marketing and sales
• E) Service

Apply knowledge about negotiable instruments to hypothetical business transactions.

Comprehend the legal significance of a negotiable instrument’s terms concerning its enforceability and maturity.

Evaluate the legality and enforceability of instruments that lack specific dates or payment details.

Analyze the role and requirements of identification for payees in negotiable instruments.