60 1 point International bankers make loans wherever they can get the maximum return for their money. true false 61 Ipoint A letter of credit represents a promise that a bank will disburse a specified amount of funds at a particular time if certain conditions are met. O true fake 62 Electronic funds transfer (EFT] tools include debit cards, smart cards, direct deposit, direct payments, and electronic check conversion, true false 63 I point There is much speculation that prior to the recent banking crisis, the Federal Reserve System (the Fed) and the Securities and Exchange Commission (SEC) were not enforcing the regulations they were charged to enforce. true false