Examlex
An instrument is dishonored when a party refuses to pay the instrument, such as when a bank refuses to pay because insufficient funds exist.
Postconventional
A stage of moral development where individuals make ethical choices based on universal ethical principles and internalized values.
Moral Development
The process through which individuals develop proper attitudes and behaviors toward other people in society, based on social and cultural norms, laws, and personal beliefs.
Preconventional
The first level in Kohlberg's theory of moral development, where moral reasoning is based on individual needs and concrete rewards and punishments.
Conventional Role
Societal norms that dictate the expected behaviors, duties, and responsibilities of individuals based on their social or demographic characteristics, such as gender or age.
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