15. When signing up for a new checking account you answer "No" and opt out of overdraft protection. On this day, you have $10 in your account and
go out and use your debit card to buy lunch for $12, a movie ticket for $12
and dinner for $15. What is likely to be the outcome resulting from these
transactions?
Your account will be closed
You will likely be charged an overdraft fee for EACH transaction and need to repay the
bank the funds overdrawn ($29) + interest
Since you turned down overdraft protection, the bank will not allow you to overdraw
your account so your card will be denied in these 3 instances
The bank will provide you with five days to add funds to your account to cover the
overdraft but will not charge you any fees