An Instrument Is Dishonored When the Party to Whom the Instrument

question 34

True/False

An instrument is dishonored when the party to whom the instrument is presented refuses to pay it.

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Definitions:

Unethically

In a manner that violates moral principles or established standards of conduct.

Wrongdoing

The act of doing something that is illegal, unethical, or morally incorrect.

Rationalization

The process of attempting to explain or justify behavior or an attitude with logical reasons, even if these are not appropriate.

Virtues

Characteristics or qualities considered morally good or desirable in a person, such as integrity, courage, honesty, and compassion.