All of the Following Are True About Electronic Funds Transfers

question 80

Multiple Choice

All of the following are true about electronic funds transfers except:

• A)Sometimes involve the Federal Reserve sending electronic images of checks to banks
• B)Occur when banks or individuals deposit/withdraw from one bank account to another electronically
• C)Include automated clearinghouse transactions (ACH)
• D)Include credit card payments made online

Understand the processes and strategies for franchise system growth, including the development of target audiences and marketing programs.

Understand the concept of target audience segmentation in marketing.

Comprehend the core aspects of the Franchise Relationship Model (FRM).

Identify franchisor functions within the Franchise Relationship Model.

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Definitions:

Federal Law

Legislation enacted by the national government of a country, which applies to all its constituents.

Civil Law System

A legal system originating in Europe, characterized by its reliance on written codes and statutes as the primary source of law rather than legal precedents.

Initiates Litigation

The act of starting legal proceedings or a lawsuit against another party, typically to seek a remedy or resolve a dispute.

Constitution

The fundamental principles or established precedents according to which a state or other organization is governed.