Multiple Choice
__________________ is a transfer that is authorized in advance to occur at substantially regular intervals. Payments that require the consumer to take specific actions to initiate them (such as by entering instructions on a touch-tone telephone or on the Internet) are not such type of EFTs.
A) A preauthorized EFT
B) A postauthorized EFT
C) A standard format EFT
D) A customized EFT
Correct Answer:
Verified
Correct Answer:
Verified
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