Bank Of America Only : Original work only, no Plagiarism will be checked by several sources.Write a five to six (5-6) page paper in which you:1. Discuss how administrative agencies like the Securities and Exchange Commission (SEC) or theCommodities Futures Trading Commission (CFTC) take action in order to be effective inpreventing high-risk gambles in securities / banking, a foundation of the economy.2. Determine the elements of a valid contract, and discuss how consumers and banks each have aduty of good faith and fair dealing in the banking relationship.3. Compare and contrast the differences between intentional and negligent tort actions4. Discuss the tort action of “Interference with Contractual Relations and Participating in a Breach ofFiduciary duty” and, if the bank you’ve chosen were to behave as JP Morgan did, would you beable to prevail in such a tort action.5. With the advent of mobile banking, discuss how banks have protected the software that allows foronline transaction to occur through automation.6. Use at least three (3) quality references. Note: Wikipedia and other Websites do not quality asacademic resources.Your assignment must follow these formatting requirements: Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on allsides; citations and references must follow APA or school-specific format. Check with yourprofessor for any additional instructions. Include a cover page containing the title of the assignment, the student’s name, the professor’sname, the course title, and the date. The cover page and the reference page are not included inthe required assignment page length.
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