Check Kiting Is Defined as

question 24

Multiple Choice

Check kiting is defined as

• A)indorsing a check while knowing that the check is a stolen check.
• B)carelessly paying an unauthorized instrument.
• C)a scheme of overdrawing account "A" by depositing a check in account "B," then overdrawing account "B" to cover the insufficient funds in account "A."
• D)issuing an instrument to an impostor who negotiates the instrument to a bank that is unaware of the fraud.

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Definitions:

Consciousness

The state of being aware of and able to think about one's own existence, sensations, thoughts, and environment.

Positive Psychology

A branch of psychology focused on the study of positive human functioning and the factors that contribute to a fulfilling and meaningful life.

Humanism

A philosophical and ethical stance that emphasizes the value and agency of human beings, individually and collectively.

Resilient

The ability to recover quickly from difficulties; toughness or the capacity to bounce back from adverse events.