Daria Writes a Check for $100 Drawn on Village Bank

question 36

Multiple Choice

Daria writes a check for $100 drawn on Village Bank and presents it to Fast Cash,Inc.,for payment.If the check is not backed by sufficient funds,Daria may be prosecuted for

• A)forgery.
• B)fraud.
• C)negligence.
• D)nothing.

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Definitions:

Toll Increase

A raise in the charges levied on travelers for using a particular stretch of road, bridge, or tunnel.

Point Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in its price at a specific point on the demand curve.

Market Supply Curve

A graphical representation showing the total quantity of a particular good or service that producers are willing to sell at various price points.

Rubber Erasers

Small, often rubbery objects used for removing pencil and sometimes ink marks from paper.