24.2 Hypothetical Question with Sample Answer. First Internet Bank operates exclusively on the Web with no physical
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24.2 Hypothetical Question with Sample Answer. First Internet Bank operates exclusively on the Web with no physical branch offices. Although some of First Internet’s business is transacted with smart-card technology, most of its business with its customers is conducted through the mail. First Internet offers free checking, no-fee money market accounts, mortgage refinancing, and other services. With what regulation covering banks might First Internet find it difficult to comply, and what is the difficulty?
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Business Law Today Comprehensive
ISBN: 9780324595741
8th Edition
Authors: Roger LeRoy Miller, Gaylord A Jentz
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