Which of the Following Could Incur Fees and Penalties on a Checking

question 64

Multiple Choice

Which of the following could incur fees and penalties on a checking account?

• A) The account holder uses an ATM not owned by the financial institution.
• B) A customer asks the financial institution to not honor a particular check.
• C) The account balance falls below a set minimum amount.
• D) All of these answer choices are correct.

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Definitions:

Fire Call

An emergency communication issued to summon firefighting services to a location where a fire is happening or suspected.

Primary Appraisals

The initial evaluation process in which an individual assesses the relevance, threat, or benefit of a situation.

Secondary Appraisals

The cognitive process of evaluating the possible ways to cope with a threat or challenge after an initial assessment of its potential harm or challenge.

Stressful Situation

A scenario or event that triggers a state of tension or anxiety in individuals, challenging their ability to cope effectively.