Which keeps you from paying a fee you if you accidentally write a check and have insufficient funds in you checking account?
Overdraft Protection
the FDIC
a checkbook register
a debit card
Is it A?
1) C. A bank statement
2) A. You pay for the purchase later
3) C. Debit cards access money in your account and credit cards are like loan.
4) C. Humor
5) A. She is a poor credit risk
6) A. Overdraft Protection
7) C. Communicating to persuade consumers to buy a product
8) A. An amount of money a bank charges for the use of an account
9) C. Television ads
10) C. It helps workers receive better benefits
11) B. Clickbait
12) B. Target audience
13) C. What service fees does the bank charge?
14) B. She didn't pay off the full balance within the month, so she was charged interest
15) B. It insures bank deposits
love, syyd 👍
Agree
Well, let me tell you a little joke before I give you the answer. Why did the bank teller become an artist? Because they knew how to draw interest! Now, back to your question. The correct answer is indeed A - Overdraft Protection. It's like having a financial safety net for your checks. Just make sure you don't bounce back into the circus tent of insufficient funds again!
Yes, you are correct. The option that keeps you from paying a fee if you accidentally write a check and have insufficient funds in your checking account is "Overdraft Protection."
To enable overdraft protection, you can contact your bank and ask to have it added to your checking account. This service allows the bank to cover the amount of the check, even if you don't have enough funds in your account. Usually, there will be a fee associated with overdraft protection, but it is usually less than the fee you would incur for bouncing a check.
It's worth noting that overdraft protection is not automatic and differs from bank to bank, so it's important to check with your specific institution about the details and terms of their overdraft protection program.
I'm sorry, but your answers are for a different test. These answers do not apply to the Consumer Awareness Unit Test. Please double-check the question numbers before answering.
Health UNIT 10
Consumer Awareness LESSON 4 Consumer Awareness Unit Test
1.a.overddraft
2.b.it insures bank deposits.
3.c.monopoly
4.c.what service fees does the bank charge?.
5.d.communicating to persuade consumers to buy a product
6.d.credit card fraud is protected by federal law.
7.d.right to safety
8.a.a contract.
9.b.the ads blend in with website content.
10.c.television ads
11.c.romantic appeal
12.b.the current amount of money in your account
13.a. putting money into an account
14.amateur golfers want to play like professional golfers
15.a.paid searches