Which of the Following Should Not Be Considered When Evaluating

question 30

Multiple Choice

Which of the following should not be considered when evaluating a checking account?

• A)The overdraft protection available
• B)The stop payment feature and the cost of it
• C)The fees charged monthly
• D)The type of account insurance carried by the bank

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Definitions:

Implied Warranty of Title

A legal assumption that a seller has the right to sell a property and that the buyer will not face legal disputes over the title.

Warranty Disclaimers

Statements that limit or exclude the seller's liability for certain defects or failures in products or services.

Stolen Goods

Items that have been taken without permission or legal right, typically with the intent to keep or sell them.

Implied Warranty of Fitness

A legal assumption that a sold good or service is suitable for a particular purpose, as might reasonably be inferred by the buyer from the nature of the product or service.