QuestionAugust 18, 2025

Question 10(Multiple Choice Worth 5 points) (02.03 MC) Laurie checks her monthly bank statement and notices a negative balance. What will MOST LIKELY happen? She will be charged with fraud. She will be charged an overdraft fee. Her account will be automatically closed. The bank will sue her in small claims court.

Question 10(Multiple Choice Worth 5 points) (02.03 MC) Laurie checks her monthly bank statement and notices a negative balance. What will MOST LIKELY happen? She will be charged with fraud. She will be charged an overdraft fee. Her account will be automatically closed. The bank will sue her in small claims court.
Question 10(Multiple Choice Worth 5 points)
(02.03 MC)
Laurie checks her monthly bank statement and notices a negative balance. What will MOST LIKELY happen?
She will be charged with fraud.
She will be charged an overdraft fee.
Her account will be automatically closed.
The bank will sue her in small claims court.

Solution
4.2(277 votes)

Answer

She will be charged an overdraft fee. Explanation 1. Identify the consequence of a negative balance A negative balance typically results in an overdraft fee, as banks charge for spending more than the available funds.

Explanation

1. Identify the consequence of a negative balance<br /> A negative balance typically results in an overdraft fee, as banks charge for spending more than the available funds.
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