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Which Qualitative Concept Is Similar to External Validity

question 18

Multiple Choice

Which qualitative concept is similar to external validity?

Comprehend the concept of fiduciary duties and standards.
Know the court's role in the administration of decedent's estate.
Distinguish between real, equitable, and legal titles in the context of trusts.
Define and differentiate between intestacy and testacy, including their implications.

Definitions:

Funds Availability

Funds availability is a banking term that refers to the length of time before a deposited check or electronic payment clears and becomes available for withdrawal or use.

UCC

The Uniform Commercial Code represents a detailed collection of statutes that regulate every commercial transaction across the United States.

Electronic Check Presentment

A process that allows financial institutions to exchange digital images of checks instead of physical checks for faster processing.

Substitute Checks

Digital or paper reproductions of original checks that are legally equivalent for processing payments.

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