A Is a Written Contract Obligation, Usually Under Seal, Generally

question 5

Multiple Choice

A is a written contract obligation, usually under seal, generally issued by a corporation, a municipality, or a government, that contains a promise to pay a fixed amount of money at a set or determinable future time.

• A)bond
• B)draft
• C)check
• D)coupon

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Definitions:

Ethical

Pertaining to or dealing with morals or the principles of morality; concerning right and wrong behavior.

Greatest Good

A principle often associated with utilitarianism, emphasizing actions that maximize happiness or benefits for the largest number of people.

Due Process

A legal principle ensuring fair treatment through the normal judicial system, especially as a citizen's entitlement.

Denied

The refusal to grant a request or deny access to resources or rights.