The Approach That Businesses Should Be Left Alone to Do

question 31

Multiple Choice

The approach that businesses should be left alone to do as they will is known as ______.

• A)caveat emptor
• B)laissez-faire
• C)Machiavellianism
• D)Sarbanes-Oxley Act

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Definitions:

Recourse

The legal right to demand a penalty, compensation, or satisfaction for a harm or loss.

Forged

Forged denotes something that has been counterfeit or fraudulently altered or replicated, such as a document, artwork, or signature.

Altered Check

A check that has been tampered with after its original issuance, often changing the name of the payee or the amount, with the intent to defraud.

Depositor

A depositor is an individual or entity that places money into a bank account or investment, entrusting the bank or financial institution with their funds.