What Has Challenged the Banking Industry and Forced It to Undergo

question 34

Multiple Choice

What has challenged the banking industry and forced it to undergo changes?

• A) Changes in consumer needs
• B) Rapid technological changes
• C) Changes in basic business needs
• D) The old banking system no longer functions
• E) Political instability

---

Definitions:

Superseding Causes

Events or actions that intervene in a chain of causation and prevent an actor from being liable for harm to another.

Harm

Refers to damage or injury that affects someone or something's well-being or functionality.

Abnormally Dangerous Activity

An abnormally dangerous activity is any activity that inherently involves a high risk of harm or injury to people or property, even when all possible safety measures are taken.

Strict Liability

A legal doctrine holding an individual or entity responsible for damages or injuries caused by their actions or products, regardless of fault or intention.