The cutoff point is the point at which individual segments of the new system are phased in according to a specific time schedule

Which of the following best defines false pretenses?

A) It is the material altering of anything in writing that, if genuine, might be the foundation of a legal liability. B) It is a designed misrepresentation of existing facts or conditions by which a person obtains another's money or goods. C) It is the making of an entry into the books of a bank or corporation that is designed to represent the existence of funds that do not exist. D) It is the suppression of a material fact that the person is legally bound to disclose.

Describe two different currency systems that have been introduced in countries such as Hong Kong and Ecuador to improve the credibility of pegged exchange rate systems

What will be an ideal response?