Spyware Are Tiny Graphics Files Embedded in E-Mail Messages and in Web

question 23

True/False

Spyware are tiny graphics files embedded in e-mail messages and in Web sites that transmit information about users and their movements to a Web server.

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Definitions:

Collecting Bank

A collecting bank is a bank that handles the collection of payments on behalf of a depositor, including processing checks and drafts.

Federal Reserve Bank

The central banking system of the United States, responsible for determining national monetary policy and regulating financial institutions.

Depository Bank

A financial institution where securities and assets are stored and managed on behalf of their clients.

Holder in Due Course

A person or entity that has acquired a negotiable instrument in good faith and for value, and thus has certain protections against defenses and claims that could be used against the original payee.