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Which statement is NOT associated of the first law of thermodynamics?
False Pretenses
Obtaining property, goods, or services from another by misrepresentation or deceit, typically involving a false statement of fact.
Check Kiting
A form of fraud involving the deliberate issuing of checks from insufficiently funded accounts to temporarily inflate financial balances.
Check Defalcation
The misappropriation or embezzlement of funds represented by a check, usually occurring when someone fraudulently misuses a check entrusted to them.
Ponzi Scheme
A deceitful investment scheme that offers high returns with minimal risk to investors, and funds payouts to initial investors through the recruitment of new participants.
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