Examlex
Which of the following statements is most consistent with today's views on marketing?
Subrogation
The legal process by which one party stands in for another to claim restitution or indemnity from a third party for a loss or damage.
Improper Payment
Payments made by organizations that should not have been made or that were made in an incorrect amount.
Preauthorized Electronic Transfer
An automatic transfer of funds from one account to another, agreed upon in advance by the account holder.
Financial Institution
Organizations that provide financial services, including banks, credit unions, and insurance companies.
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