The Electronic Fund Transfer Act (EFTA) Provides a Basic Framework

question 64

True/False

The Electronic Fund Transfer Act (EFTA) provides a basic framework for the rights, liabilities, and responsibilities of users of EFT systems.

---

Definitions:

Functionalist Theories

A theoretical perspective in sociology that views society as a complex system whose parts work together to promote solidarity and stability, focusing on the societal functions that each part performs.

Global Poverty Debate

A discourse involving differing viewpoints and arguments about the causes, impacts, and solutions to poverty worldwide.

Economic Ideals

Principles or standards of economic behavior that are considered optimal or desirable by a society or individual, often guiding economic policies or personal financial decisions.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to more interconnected and interdependent world economies.