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Carver Industries develops and constructs weapons, body armor, and bomb detection equipment. They are a huge customer of the steel industry as well as the IT industry. Their business goes up whenever there is political talk of war and terrorism. Not only does Carver Industries benefit but so do all the companies that supply them with the raw materials. Explain the "permanent war economy" and its relation to the "power elite" in this example.
Promissory Note
A financial instrument that contains a written promise by one party to pay another party a definite sum of money, either on demand or at a specified future date.
Fraudulently Changes
The act of deceitfully altering information or documents with the intent to gain an unauthorized benefit or to deceive others.
Forged Indorsement
occurs when someone unlawfully signs another person's name on a financial document, such as a check, without authorization.
Revised Article 3
Amendments and updates to Article 3 of the Uniform Commercial Code (UCC), which primarily deals with negotiable instruments like checks.
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