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Which of the Following Statements Concerning Check Kiting Is True

Question 7

Multiple Choice

Which of the following statements concerning check kiting is true?


A) It is illegal.
B) It is a crime.
C) It is defined as a scheme of overdrawing account A by depositing a check in account B, then overdrawing account B to cover the insufficient funds in account A.
D) All of the above.

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