Although Tom Knows It Is Not Appropriate to Run a Red

question 55

Multiple Choice

Although Tom knows it is not appropriate to run a red light, he decides to do so (after looking both ways) because he wants to see his grandmother before she dies. What stage best captures Tom?

• A) Preconventional
• B) Conventional
• C) Postconventional
• D) None of these are accurate

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Definitions:

Bearer Instrument

A type of negotiable instrument that is payable to the holder or presenter, rather than a named individual.

Payable to Cash

A term indicating that a financial instrument, like a check, is written in such a manner that it can be cashed or negotiated by any holder, not just a specific payee.

"Pay to the Order of Bearer"

A phrase used on checks or other negotiable instruments that indicates the person possessing the document has the right to cash or negotiate it.

Drawee

The party, typically a bank, required to pay the specified amount on a check or draft when it is presented for payment.