The ______________________________ Network Is One of the Earliest and Most

question 105

Short Answer

The ______________________________ network is one of the earliest and most prominent methods for EFT in which the collector's bank account is credited and the payer's bank account is debited for the amount of a payment.

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Definitions:

Defective

Pertains to a flaw or deficiency in a product that makes it unsafe or unfit for its intended use.

Manufacturers

Entities engaged in the conversion of raw materials or components into finished goods for sale.

Liability

A legal responsibility or obligation, often financial in nature.

Negligence

Failure to take proper care in doing something, resulting in damage or injury to another.