A Bank Allowing Customers to Access Bank Account Information Via

question 18

Multiple Choice

A bank allowing customers to access bank account information via automated systems is an example of?

• A) A customer allocation approach
• B) A customer responsibility approach
• C) A customer engagement approach
• D) A customer participation approach

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Definitions:

Compensation

Payment or reparation received by someone as a recompense for loss, injury, or suffering.

Misrepresentation

The act of presenting false or misleading statements that lead someone to enter into a contract under mistaken understanding.

Contract

A legally enforceable agreement between two or more parties with mutual obligations.

Set Aside

A legal term that refers to the court's power to invalidate or annul a decision or action.