A System for Electronic Funds Transfers (EFT) in Which Machines

question 12

Multiple Choice

A system for electronic funds transfers (EFT) in which machines are located in a merchant's store and are activated by the consumer's identification card and code is:

• A) POS.
• B) RAM.
• C) EFTA.
• D) DOS.

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Definitions:

Tenskwatawa

Tenskwatawa, also known as the Prophet, was a Native American religious and political leader of the Shawnee tribe in the early 19th century, known for his opposition to U.S. expansion and his role in the pan-Indian alliance.

Free Trade

An economic policy that allows imports and exports to flow freely between countries without tariffs, quotas, or restrictions.

Sailors' Rights

A slogan and movement advocating for the protection and legal rights of sailors, especially relevant during the early 19th century in opposition to impressment by the British Navy.

War of 1812

A military conflict fought between the United States and the British Empire (and their respective allies) from 1812 to 1815, largely over issues of trade and maritime rights.