Twenty Days After Receiving Her Bank Statement,Gwen Telephoned Great State

question 46

True/False

Twenty days after receiving her bank statement,Gwen telephoned Great State Bank to notify it that there was an error.The bank must investigate and report the results of the investigation to Gwen within 10 business days.If the bank cannot complete the investigation within the 10 days,it must provisionally recredit Gwen's account and complete the investigation within 45 calendar days.

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Definitions:

Legitimately Accomplish

To achieve or complete something in a manner that is lawful, ethical, and recognized as proper and valid.

Legitimate Power

This type of power is derived from a formal position or role within an organization or society, recognized and accepted by others as rightfully held, allowing the person or group to exert influence or control.

Coercive Institutions

Institutions, such as prisons or the military, where control is maintained through force, and compliance is enforced among its members.

The State

Consists of the institutions responsible for formulating and carrying out a country’s laws and public policies.