Which of the Following Was the Result in State V

question 35

Multiple Choice

Which of the following was the result in State v.Warner,the case in the text involving whether an electronic transfer qualified as a "draft" or "other written statement" for purposes of establishing a violation of state law?

• A) That an electronic transfer qualified as a draft or other written statement for purposes of establishing a violation of the state law at issue.
• B) That an electronic transfer did not qualify as a draft or other written statement for purposes of establishing a violation of the state law at issue.
• C) That an electronic transfer qualified as a draft or other written statement for purposes of establishing a violation of the state law at issue only if it could be established that a bank official described the transaction as a "draft."
• D) That an electronic transfer qualified as a draft or other written statement for purposes of establishing a violation of the state law at issue only if it could be established that a bank official described the transaction as a "negotiable."
• E) That the issue of whether the instrument was a draft or other written statement was irrelevant because the state law at issue was unconstitutional.

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Definitions:

Direct Labor

The wages of those persons whose efforts directly affect the quality or other characteristics of the products manufactured.

Raw Materials

Basic materials used in the manufacturing process to produce finished goods, not yet processed or used in production.

Selling And Administrative Costs

Expenses related to the selling of products and the administrative aspects of a business, excluding production costs.

Direct Labor Costs

The expenses that a company incurs through the wages paid to workers directly involved in manufacturing goods or providing services.