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Gretchen Has a Checkbook Balance of $1,058

question 43

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Gretchen has a checkbook balance of $1,058.30. A deposit in the amount of $115 was returned NSF, and her bank charged her $35. There were unexpected automatic deposits of tax refunds in the amount of $235 and $69. What should her checkbook balance be?


Definitions:

Contractual Relations

The legal obligations and rights established between parties who have entered into a contract.

Disparagement

A form of defamation that specifically refers to false statements made about a business's products or services, which cause financial harm.

Fraudulent Misrepresentation

The intentional act of making a false statement about an important fact to induce another person into entering a contract or transaction.

Intentional Harm

Deliberate actions taken by an individual or entity that are meant to cause injury or damage to another.

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