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Identify and Describe the Two General Categories of Reasons for Why

question 23

Essay

Identify and describe the two general categories of reasons for why people are deceptive.Then,identify the five specific reasons for deception and give an example for each.


Definitions:

Legal Due Date

The specific date by which a legal obligation must be satisfied, such as the payment of debts or completion of contractual duties.

Principal

The original sum of money borrowed in a loan or the amount of the investment.

Rate

The percentage at which interest is charged on a loan or earned on an investment.

Term Deposit

A banking product where money is locked away for a certain period of time at a fixed interest rate.

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