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question 143

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Explain the concept of electronic funds transfer (EFT) and its benefits for banks and customers, including customer protections under law.
Describe the procedures for issuing a stop payment order, including timelines and responsibilities of the bank and customer.
Understand the importance and application of ethical guidelines in social research.
Comprehend different types of research methods and their appropriateness to research questions.

Definitions:

Concentrated Interest Groups

Interest groups that represent a specific sector or group with focused, often intense, advocacy objectives and strategies.

Income Transfer Programs

Government initiatives designed to redistribute wealth by transferring income, often from wealthier taxpayers to those in greater need.

Means-tested Programs

Governmental assistance programs where eligibility is determined based on the applicant's income and assets.

Rent-seeking

The practice of gaining economic benefits through manipulation or exploitation of the political environment, rather than through productive economic activity.

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