________ Is Analogous to Forgery Because It Also Involves the Alteration

question 15

Multiple Choice

________ is analogous to forgery because it also involves the alteration or falsification of an object or a document with intent to defraud.

• A)Embezzlement
• B)Criminal simulation
• C)Passing bad checks
• D)Defrauding creditors

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Definitions:

Junk Bonds

High-risk, high-yield bonds issued by entities considered more likely to default, offering potentially higher rewards to compensate for the increased risk.

Moody's

Moody's is a credit rating agency that assesses the creditworthiness of borrowers, ranging from governments to private enterprises.

C Rating

A rating given to a security indicating significant risk; it's one of the lower ratings in the grading scale of investments.

Catastrophe Bonds

Insurance-linked securities issued by insurance companies to transfer major risks from the issuer to investors, typically used for natural disaster risks.