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The Check Clearing for the 21st Century Act (Usually Referred

question 66

True/False

The Check Clearing for the 21st Century Act (usually referred to as Check 2
1), permits banks to eliminate the movement of physical checks entirely.

Understand the role of social entrepreneurs in creating value and addressing societal issues.
Describe the historical development and impact of philanthropy and social entrepreneurship.
Recognize the importance of innovation and creativity within organizations for social change.
Identify factors that contribute to the success of social entrepreneurship initiatives.

Definitions:

Employment Standards Legislation

Laws that define the rights and responsibilities of employees and employers, including minimum wage, working hours, and safety regulations.

Employee

describes an individual who works part-time or full-time under a contract of employment, contributing to the business in exchange for compensation.

Contractor

An individual or company that undertakes a contract to provide materials or labor to perform a service or do a job.

Canada Revenue Agency

The federal agency responsible for administering tax laws for the Government of Canada and for most provinces and territories.

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