The Illegal Practice of Writing Cheques Against Money That Has

question 193

Multiple Choice

The illegal practice of writing cheques against money that has not yet arrived at the bank on which the cheque has been drawn is called

• A) insider trading.
• B) whistle blowing.
• C) managing the monetary float.
• D) kickbacks.
• E) cheque kiting.

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Definitions:

Interpersonal Relationships

Emotional or social associations or connections between two or more people.

Immature Moral Reasoning

A level of moral development in which individuals make decisions based on their own interests and the immediate consequences, without considering society's norms and laws.

Universal Moral Reasoning

The concept that there are fundamental principles of right and wrong that are recognized across all cultures and societies.

Acting Basis

The foundational principle or reason behind the execution of a particular role or behavior.