Question

Which of the following is not something that you could do with a normal checking account?

a. Deposit cash into your account.
b. Demand in writing that money be paid to another person from your account.
Give permission to a merchant to demand money from your account.
d. Make purchases or get cash now, and pay back the bank in monthly payments.
C.
Please select the best answer from the choices provided
A
B
С
D

Answer 1

Explanation:

it’s D.

Answer 2

Answer: Make purchases or get cash now, and pay back the bank in monthly payments

This sounds like it's describing what a credit card would do. A credit card is basically a piece of plastic you use to get microloans that you pay back, and there's a revolving line of credit. You can overdraw your checking account (assuming you have overdraft protection) but it's not the same as a credit card and the product/service you are trying to buy likely won't work.