Instructions: Identify the Following Terms

question 105

Short Answer

Instructions: Identify the following terms.
Continental System

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Definitions:

Stolen Check

A check that has been unlawfully taken from its rightful owner leading to potential unauthorized use or fraud.

Refund

The return of money to a purchaser in response to their dissatisfaction with goods or services provided, or as a result of the return of the goods themselves.

Credit Card Companies

Businesses that issue credit cards to consumers, extending a line of credit for purchases and cash advances.

Forged Checks

Illegally altered checks or the creation of counterfeit checks to fraudulently withdraw or obtain money.