Falling Prey to the Temptations of Fraud, Deception, and Embezzlement

question 222

True/False

Falling prey to the temptations of fraud, deception, and embezzlement is a reason for the success of new businesses.

---

Definitions:

Attach

In legal terms, to seize a person's property to satisfy a court-ordered debt, or the process of becoming legally enforceable or applicable.

Financing Statement

A document, usually a multicopy form, filed in a public office serving as constructive notice to the world that a creditor claims a security interest in collateral that belongs to a certain named debtor.

State Statute

Laws enacted by the legislative bodies of individual states that govern within the state's boundaries, differing from federal statutes which apply across the United States.

Filed

The act of submitting documents officially to a designated authority or office for the purpose of record-keeping and review.