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Clark is a soft drink salesperson who is enrolled in a vocational technology program that meets at night. From time to time, he takes off most of the day before his night class meets in order to prepare assignments that are due that evening. From an ethical standpoint, it is correct to say that Clark is:
Stale Check
A check that is presented for payment more than six months after its date.
Regulation CC
A federal regulation that governs the availability of funds and collection of checks in the United States.
Deposited Funds
Money placed into a bank account or financial institution for safekeeping and potential interest accumulation.
Debtor
An entity or person that owes money to another party.
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