Examlex
Which of the following is an area of federal statue law?
Electronic Transfer
Electronic transfer involves the movement of funds between accounts using electronic systems, without the need for physical exchange of money.
Duty To Honor
The obligation to accept and fulfill legal or financial commitments or contracts.
Drawee Bank
The bank upon which a check is drawn, meaning the bank that is ordered to pay the check's amount.
Aggravated Identity Theft
A crime involving the deliberate use of someone else's identity to carry out illegal activities, especially when it involves fraud or theft and results in severe consequences.
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