Gladys,the Chief Executive Officer of Home Electrical,Inc

question 24

Multiple Choice

Gladys,the chief executive officer of Home Electrical,Inc. ,signs an in?strument by using a rubber stamp with her thumbprint on it.This instru?ment is

• A)negotiable.
• B)nonnegotiable,because a rubber stamp does not identify the signer.
• C)nonnegotiable,because a thumbprint implies a lack of serious intent.
• D)nonnegotiable,because a thumbprint is not a signature.

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Definitions:

Startup Cost

The initial expenses required to start a new business, including costs for research, rent, supplies, equipment, and marketing.

Maintenance Cost

The expenses associated with keeping equipment, facilities, or assets in good working condition.

Insurance Coverage

The agreement in which an insurance company provides financial protection against loss, damage, illness, or death, in exchange for premium payments.

EHR Programs

Electronic Health Records programs, computer applications designed to manage healthcare information digitally.