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A Major Advantages of the Use of Precedent in Law

question 65

Multiple Choice

A major advantages of the use of precedent in law for businesses is that they will:

Recognize the consumer protection laws related to banking transactions and electronic fund transfers.
Identify the procedures and time frames for reporting lost or stolen payment instruments or unauthorized transactions.
Understand the legal concept of "properly payable" in relation to checks and banking.
Understand the historical and cultural contexts of Native American experiences related to government policies.

Definitions:

Management

The process of directing and controlling a group of individuals or an organization to reach a goal.

Code Letter

A symbol or series of symbols used to represent instructions, data, or references in a programming or data structure context.

RC Parallel Circuit

A circuit containing resistors (R) and capacitors (C) connected in parallel, affecting the impedance and phase angle of the overall circuit.

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