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Which of the following statements is FALSE?
21st Century Act
Legislation aimed at addressing contemporary issues and needs, often involving technology, healthcare, or economic reforms. (Note: This term is broad and could refer to specific acts in different jurisdictions; without more context, this definition remains general.)
Drawer's Incompetence
Refers to a situation where the person who has written a check (the drawer) is legally unable to enter into a contract, making the check potentially invalid.
Adjudication
The legal process of resolving a dispute or deciding a case, often resulting in a final judgment in court.
Electronic Funds Transfer (EFT)
The electronic transfer of money from one bank account to another, either within a single financial institution or across multiple institutions, through computer-based systems.
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