Describe Triangular Trade

question 36

Essay

Describe triangular trade.

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Definitions:

Wire Fraud

A fraudulent scheme to intentionally deprive another of property or honest services via telecommunications or the internet.

Arrest Warrant

a legal document issued by a judge or magistrate that authorizes the police to arrest an individual suspected of a crime.

Embezzlement

The act of wrongfully appropriating funds or property entrusted to one's care.

People's Bank

A generic term for a financial institution, often state-owned, that serves the financial needs of its citizens or specific sectors of the economy.