Johnny Is Asked to Donate to a Charity

question 38

Multiple Choice

Johnny is asked to donate to a charity.He lies and says he has no money.Johnny's action is best categorised as:

• A)illegal.
• B)apolitical.
• C)unethical.
• D)allegorical.

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Definitions:

Barter

An exchange method where goods and services are directly traded for other goods and services without using a medium of exchange, like money.

Deregulation

The process of removing or reducing state regulations, typically in the economic sphere, to encourage efficiency and competition.

Bank Failures

Bank failures occur when a bank is unable to meet its obligations to depositors or creditors and is placed under the control of a regulatory agency.

Risky Assets

Assets that carry a significant possibility of loss along with the potential for higher rewards.