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Ed Goes Door-To-Door Selling Magazine Subscriptions

Question 23

Multiple Choice

Ed goes door-to-door selling magazine subscriptions.Ed knows,however,that he is simply taking money for subscriptions and has absolutely no intention of ever arranging for the provision of magazines.Which of the following offenses,if any,has he committed?


A) Defalcation
B) False entry
C) False token
D) False pretenses
E) Ponzi scheme

Correct Answer:

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