The Statement, "If a Deal Is Too Good to Be

question 81

Multiple Choice

The statement, "If a deal is too good to be true, then it probably is not true," is most closely related to which core economic principle?

• A)The Low-Hanging Fruit principle
• B)The No-Cash-on-the-Table Principle
• C)The Cost-Benefit Principle
• D)The Scarcity Principle

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Definitions:

Check Authenticity

The process of verifying the genuineness or validity of a document, artwork, or software to ensure it is not counterfeit or pirated.

Debit Transaction

A financial transaction in which money is taken out of a bank account, typically reflecting a purchase or payment.

Smaller Fees

Lesser charges or costs imposed for services, transactions, or regulatory requirements.

MICR Numbers

Magnetic Ink Character Recognition numbers; used primarily on checks for the purpose of easy processing by financial institutions.