Describe the Type of Checking Account You Have or Plan

question 15

Essay

Describe the type of checking account you have or plan to have. List the advantages and disadvantages of your choice.

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Definitions:

Tortfeasor

One who commits a tort.

Tort

A civil wrong that causes someone else to suffer loss or harm, resulting in legal liability for the person who commits the act.

Compensation

Payment or reward given for services rendered or harm suffered.

Tort Action

A legal proceeding arising from a wrongful act, leading to civil liability, rather than stemming from a contract dispute or criminal case.