A Bank Is Not Liable for Nonpayment of an EFT

question 39

True/False

A bank is not liable for nonpayment of an EFT transaction if the terminal has run out of cash.

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Definitions:

Highest Education Level

The maximum level of formal education successfully completed by an individual.

College Graduates

People who have successfully graduated from a higher education institution such as a college or university.

Downtown Washington

The central business, culture, and political area of Washington, D.C., including landmarks like the White House and the Capitol.

Average Salary

The mean salary of a group of employees, indicating the central tendency of their earnings.