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Checking Accounts. Explain overdraft protection and stop payment orders. Overdraft protection is: ( Select the best answer below. ) a service, usually at no charge,

Checking Accounts. Explain overdraft protection and stop payment orders.
Overdraft protection is: (Select the best answer below.)
a service, usually at no charge, that a bank gives certain customers when they don't have sufficient funds in their accounts
to cover checks they have written.
a loan, usually at no charge, that a bank gives certain customers when they don't have sufficient funds in their accounts to
cover checks they have written.
a loan, usually at high interest rates, that a bank gives certain customers when they don't have sufficient funds in their
accounts to cover checks they have written.
required by law.
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