Examlex

Solved

Match Each of the Following Items with the Appropriate Description

question 144

Short Answer

Match each of the following items with the appropriate description, in applying the P.L. 86-272 definition of solicitation.
a.More than solicitation, creates nexus
b.Solicitation only, no nexus created
-Investigating the creditworthiness of customers


Definitions:

UCC Article 4A

Governs the transfer of funds via electronic means between banks and provides rules for electronic payment orders.

Commercial Electronic Fund Transfer

Electronic transactions between businesses for the purpose of transferring funds directly from one bank account to another.

Substitute Check

A negotiable instrument that is a paper reproduction of the front and back of an original check and contains all of the same information required on checks for automated processing.

Digital Image

A representation of a visual image in a format that can be stored, viewed, or transmitted electronically.

Related Questions