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The Electronic Funds Transfer Act (EFTA)now Addresses Many of the Issues

Question 30

Multiple Choice

The Electronic Funds Transfer Act (EFTA) now addresses many of the issues that arise out of consumer use of EFT systems,while _____ of the Uniform Commercial Code deal/s with the funds transfers that are outside the EFTA.


A) Article 4A
B) Regulation E
C) Articles 3 and 4A of the UCC
D) Article 3 and Regulation E The Electronic Funds Transfer Act (EFTA) now addresses many of the issues that arise out of consumer use of EFT systems while Article 4A (Funds Transfers) of the Uniform Commercial Code deals with the funds transfers that are outside the EFTA.

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