Examlex
The bureaucratic decision-making process produces an optimal outcome because it increases efficiency and rationality by assigning responsibility for different tasks to different people.
Negligence
The failure to take reasonable care to avoid causing injury or loss to another person, resulting in legal liability for the damages caused.
Stored-Value Card
A plastic card that contains data regarding the value of the card, thereby allowing EFTs to be made.
Magnetic Strip
A strip of magnetic material on a credit card or other card containing data that can be read by swiping it through a reader.
Data
Information, especially facts or numbers, collected to be examined and considered and used to help make decisions.
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