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What are the two significant characteristics of the fractional reserve banking system?
Right to Change
The authority to alter or modify something, often found in contractual agreements or policies.
First-in-time Rule
A principle that establishes priority in various legal contexts, generally indicating that the first in time in taking certain actions has superior rights.
Quality Auto Sales
A business that specializes in the sale of high-quality automobiles, focusing on customer satisfaction and vehicle reliability.
Transfer Right
The legal ability to transfer an ownership interest or right from one party to another.
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