What do you mean by Electronic Banking
What do you mean by Electronic Banking?
Expert
An electronic banking is cheap and efficient, the absence of paper can make it challenging to safeguard the authority for such transactions. Problems may also occasionally be caused by transmission failures or system crashes. Consequently, banking contracts now include provisions for the risks of electronic transactions, including the customer’s duties to report problems, to select personal identification numbers (PINs) that are not obvious, and to safeguard those numbers, and the bank’s responsibility for electronic failures. Banks also impose daily and weekly limits on transactions to control losses due to fraud. Finally, there is greater reliance on international rules, such as the UNCITRAL Model Law for International Credit Transfers.
What are the rules for Passing of Property?
Explain the Textile Labelling Act and Hazardous Products Act?
Explain the disclosure of the True Cost of Credit?
Explain misleading advertising and other representations of sellers?
Explain what do you mean by Fiduciary duty?
Elucidate what do you mean by Debt Financing?
Explain consumer protection acts?
What are the seven essential criteria for negotiable instruments?
What are the responsibilities of Agent to Principal?
Define the following terms?
18,76,764
1949298 Asked
3,689
Active Tutors
1422900
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!