of X Alex authorized a car payment to automatically be withdrawn from his bank account each month via electronic funds transfer (EFT). The payment is set to the fifth of each month. On May 3, Alex's car stops working and he learns the repairs will be expensive. Alex will not be able to afford both the car paymen repairs. Alex calls the bank and tells them to stop the EFT set for May 5. Alex pays for the repairs, but when May 5 comes, the bank debits the full amount payment, putting Alex into overdraft. Alex complains that he asked the EFT to be canceled. What is the likely result? O a. An EFT related to a car loan or mortgage can never be canceled. The bank was justified in processing the payment. b. An EFT must be canceled three business days before the scheduled date. The bank was justified in processing the EFT. O c. An EFT can only be canceled by written, not oral, notice. The bank was justified in processing the EFT. O d. An EFT can be canceled up to one business day before the scheduled payment date