When a Forged Check Is Presented for Payment, the Felony

question 80

True/False

When a forged check is presented for payment, the felony offense of theft by deception is committed.

---

Definitions:

NYSE

The New York Stock Exchange, one of the largest stock exchanges in the world, where stocks are bought and sold.

Working Capital Management

The management of a company's current assets and liabilities to ensure it has sufficient cash flow to meet its short-term obligations and operating expenses.

Sole Proprietorship

A business structure wherein a single individual owns and operates the business, directly responsible for all debts, obligations, and liabilities.

Personal Assets

Assets owned by an individual, including real estate, bank accounts, investments, and personal property.