Which Is Not a Benefit of Overdraft Protection

question 6

Multiple Choice

Which is not a benefit of overdraft protection?

• A)Saves you money in overdraft fees
• B)Saves your reputation
• C)Saves you time
• D)Allows you to not have to balance your checking account

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Definitions:

European Commission

The executive branch of the European Union, responsible for proposing legislation, implementing decisions, upholding the EU treaties, and managing the day-to-day business of the EU.

World Court

A commonly used term for the International Court of Justice, which adjudicates legal disputes and issues advisory opinions on international legal matters.

Corporate Financial Scandals

Refers to major instances of misrepresentation, fraud, or unethical behavior by companies or their representatives, often leading to legal action and significant financial losses.

Enron

An American energy company that became infamous for its bankruptcy and the scandal resulting from its fraudulent accounting practices.