The practice of floating provides an opportunity to borrow interest-free by cashing a check for which there
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The practice of floating provides an opportunity to “borrow” interest-free by cashing a check for which there are inadequate funds on deposit. If the check writer makes a deposit to cover the check in time to avoid a “bounced check” charge, is this practice ethical?
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The ethical nature of the practice of floating which involves cashing a check with inadequate funds and then making a deposit to cover it in time can ...View the full answer
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