Upton Takes Blank Stolen Checks and Goes to Local Stores

question 2

Multiple Choice

Upton takes blank stolen checks and goes to local stores with them. He begins purchasing big ticket items, such as a large screen TV, expensive jewelry, and even a washer and dryer machine for his mother, by pretending to be the person listed on the check. Before long, the authorities are knocking on Upton's door and he is placed under arrest.

• A)The police would have arrested Upton for putting into circulation a check known to be worthless, which is the crime of: ​
• B)theft.
• C)uttering.
• D)unlawful presentation.
• E)fraudulent production.

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Definitions:

Rescission

The act of canceling, voiding, or annulling a contract, returning the parties to their positions prior to the contract.

Usury

Charging an illegal rate of interest.

Lawful Maximum

The highest limit allowed by law, often referring to interest rates, fees, or other financial charges.

Interest Rate

An Interest Rate is the percentage charged on the total amount of borrowed money or paid on savings, over a specific period of time.