If you were teaching a foreign visitor about checking and savings accounts at banks and credit unions in the USA, which item below would you say consumers of these accounts usually do not have as a protection of their rights?
a.
Government-backed insurance on the deposits.
b.
Regulation of bank practices by government agencies.
c.
A written statement providing the current fees and policies for the account.
d.
No automatic fees charged to the account.

Respuesta :

Answer: D. No automatic fees charged to the account. 

If I had the chance to teach a foreigner regarding checking and savings account at the banks in the United States, I would remind him/her of this important note. There are no automatic fees charged to the account therefore, consumers cannot protect their rights. 

Answer:

d.  No automatic fees charged to the account.

Step-by-step explanation:

The consumers of checking and savings accounts at banks and credit unions  usually do not have the right when they are asked if they want automatic fee to be deducted or not. The banks themselves auto deduct the fee for some service provided like ATM cards issued to customers etc.

The correct answer is option D.