Describe electronic funds transfer eft and identify the


Review Questions (PLG1)

Businessman working ,Review Time words.

Each module has a set of review questions to assist you in learning the materials and help you prepare for the final exam. Spend quality time responding to the following questions in your own words.

1. Describe Electronic Funds Transfer (EFT) and identify the four types of EFT systems.

2. Explain a bank's liability for forged checks.

3. Describe the point of sale system and disclosure requirements.

4. Describe secured transactions and their importance to the business environment.

Miller, R. L., & Jentz, G. A. (2015). Fundamentals of business law summarized. Boston: Cengage

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