The Act That Allows Banks to Transmit Electronic Images of Checks

question 84

Multiple Choice

The Act that allows banks to transmit electronic images of checks, thus allowing funds to be transferred immediately is known as

• A) Check 2004.
• B) the Electronic Check Act of 2004.
• C) the Fraud Detecting Act.
• D) Check 21.

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Definitions:

Henry Murray

An American psychologist who developed theories of personality, needs, and motivation, and co-developed the Thematic Apperception Test (TAT).

Abraham Maslow

An American psychologist best known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.

Achievement Motivation

The motivation to set and strive towards personal achievement goals, reflecting a desire for success or the attainment of excellence.

Self-Discipline

The skill to regulate one's emotions and defeat one's vulnerabilities; the strength to adhere to one's convictions even when tempted to forsake them.