RFID Is One Example of near Field Communications (NFC)

question 8

True/False

RFID is one example of near field communications (NFC).

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Definitions:

Conventional Bank

A financial institution that provides a range of traditional banking services, including accepting deposits and making loans, operating within a regulatory framework.

Consumers

Individuals or groups who purchase goods and services for personal use and not for manufacture or resale.

Commercial Letter

A formal letter used in the business context for communications between companies, or between a company and its customers, suppliers, or partners.

Written Commitment

A formally documented promise or agreement, often legally binding, outlining specific actions or behaviors.