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After Hearing a Television Report Falsely Indicating That Drugs May

question 105

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After hearing a television report falsely indicating that drugs may have contributed to a recent auto accident, several eyewitnesses of the accident begin to remember the driver as traveling at a faster rate of speed than was actually the case. This provides an example of


Definitions:

Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial system stability.

Stop Payment

An order given to a bank to not pay out on a check that has been issued but not yet cashed.

Electronic Fund Transfer

The movement of funds between different bank accounts electronically without the need for physical paper money.

Draft

A preliminary version of a piece of writing or a plan, or a banking term referring to a written order by one party to pay a certain sum to another party.

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