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Question 129 - CTFA discussion

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An arrangement between the account holder and the depository institution wherein the institution automatically pays a check that overdraws the account is called:

A.
Overdrafts
Answers
A.
Overdrafts
B.
Undercrofts
Answers
B.
Undercrofts
C.
Checkbook ledger
Answers
C.
Checkbook ledger
D.
Overdraft protection
Answers
D.
Overdraft protection
Suggested answer: D
asked 16/09/2024
Anna Pytka
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