question 2 of 10 cruz had $672.13 in his checking account, and a check that he wrote to his landlord for…

question 2 of 10 cruz had $672.13 in his checking account, and a check that he wrote to his landlord for $650.00 was just deposited. this will result in which of the following fees? a. overdraft fee b. service fee c. atm fee d. none of the above

question 2 of 10 cruz had $672.13 in his checking account, and a check that he wrote to his landlord for $650.00 was just deposited. this will result in which of the following fees? a. overdraft fee b. service fee c. atm fee d. none of the above

Answer

Brief Explanations:

An overdraft fee is charged when an account does not have enough funds to cover a transaction. Cruz had $672.13 and a $650.00 check was deposited. Since the deposit amount is less than the account - balance and there is no indication of a transaction that would cause the account to go negative, no overdraft has occurred. Service fees are general fees for account - related services not related to insufficient funds. ATM fees are for using an ATM. Since there is no information suggesting any of these specific fee - triggering events, the answer is none of the above.

Answer:

D. None of the above