Electronic Funds Transfer (EFT) Is the Use of Electronic Communications

question 126

True/False

Electronic funds transfer (EFT) is the use of electronic communications to transfer funds from one party's bank account to another.

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Definitions:

Courts Of Last Resort

The highest courts in a legal system, where the final appeals from lower courts are resolved, often known as supreme or appellate courts.

Jurisdiction

The official power or authority to make legal decisions and judgments, often defined by geographic area or specific types of cases.

Batson V.Kentucky

A landmark Supreme Court decision ruling that a prosecutor's use of peremptory challenge in jury selection based on race is unconstitutional, violating the Equal Protection Clause.

Peremptory Challenges

The right of attorneys during jury selection to reject a certain number of potential jurors without stating a reason.