Explain What Is Meant by Internal and External Validity

question 85

Essay

Explain what is meant by internal and external validity.

Understand the components that make a check valid and the legal implications of accepting checks marked "paid in full".

Recognize the role of technology in authenticating checks and the importance of features like toner adhesion and chemical reactive paper.

Know the security implications of accepting postal money orders and third-party checks.

Understand how various security features, such as foil holograms and thermochromic icons, contribute to check authenticity.

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Definitions:

Experiment

A procedure undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.

Experimenting

The act of conducting a test or investigation to discover or demonstrate something unknown.

Risky

Characterized by or involving exposure to the possibility of financial loss or other adverse outcomes.

Racial Classification

The categorization of individuals based on perceived or attributed racial characteristics, often used for demographic, societal, or legal purposes.