One of the difficulties presented by the instantaneous nature of electronic transactions is that, while efficiency is greatly improved, the transfers are irrevocable.

Name: One of the difficulties presented by the instantaneous nature of electronic transactions is that, while efficiency is greatly improved, the transfers are irrevocable.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The statement is true. Once an electronic transaction is completed, it cannot be reversed or undone, which can be a risk for both the sender and the recipient.

One of the Difficulties Presented by the Instantaneous Nature of Electronic