Answered
Is the bank required to stop payment on the internet order for the expensive watch?
A) Yes, a customer may stop a preauthorized payment.
B) Yes, so long as Ariel notifies the bank at least three days before the payment is scheduled.
C) Yes, as long as she does not receive the watch.
D) No, while a customer may stop a preauthorized payment, a customer cannot order a stop payment on an EFT because such transfers occur instantaneously.
E) No, a customer may not stop a preauthorized payment.
On May 25, 2024