Banks Could Save Between ___ and ____ % of Costs

question 19

Multiple Choice

Banks could save between ___ and ____ % of costs if artificial intelligence is used.

• A)50 to 55 percent.
• B)30 to 40 percent.
• C)10 to 20 percent.
• D)20 to 25 percent.
• E)60 to 65 percent.

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Definitions:

Enforceable

Describes a legal agreement or obligation that can be upheld or compelled through legal processes.

Offeree

The person or entity to whom an offer is made, which can be accepted, resulting in a binding contract.

Consideration

In contract law, consideration refers to something of value that is exchanged between parties as part of an agreement.

Promisee

The party in a contract who is to receive the benefit of the promise or action stipulated in the agreement.