Felicia, an elderly woman, does not speak or read english well. felicia is a recent immigrant to this country. a dishonest immigration officer tells felicia to sign several documents as being necessary to maintain her legal alien status. unknown to felicia, she signs a promissory note. the immigration officer thereafter sells the note to neighborhood bank, a holder in due course, who goes after felicia for payment of the note. felicia's defense to the neighborhood bank is:

Guardian inc. is trying to develop an asset-financing plan. the firm has $450,000 in temporary current assets and $350,000 in permanent current assets. guardian also has $550,000 in fixed assets. assume a tax rate of 40 percent. a. construct two alternative financing plans for guardian. one of the plans should be conservative, with 70 percent of assets financed by long-term sources, and the other should be aggressive, with only 56.25 percent of assets financed by long-term sources. the current interest rate is 12 percent on long-term funds and 7 percent on short-term financing. compute the annual interest payments under each plan.

When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement

On april 1, the cash account balance was $46,220. during april, cash receipts totaled $248,600 and the april 30 balance was $56,770. determine the cash payments made during april.