QUESTION IMAGE
Question
which right is a right thats given to anyone who has a bank account?
○ the right to change the minimum balance on the account
○ the right to refuse to pay overdraft fees
○ the right to write an unlimited number of checks
○ the right to be told what fees or minimum balances an account has
Brief Explanations
- For the option "the right to change the minimum balance on the account", minimum balance requirements are set by the bank, and account holders generally can't change them, so this is incorrect.
- For "the right to refuse to pay overdraft fees", if an account holder overdraws, they are typically obligated to pay the associated fees as per the bank's terms, so this is wrong.
- For "the right to write an unlimited number of checks", most bank accounts have restrictions on check - writing (like based on account type or potential fraud prevention), so this is not a universal right.
- For "the right to be told what fees or minimum balances an account has", banks are required to disclose such information (fees, minimum balance requirements) to account holders. This is a basic right related to transparency in banking services for those with a bank account.
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the right to be told what fees or minimum balances an account has