Why do individuals use checking accounts? What is the disadvantage of having funds in a checking account?

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Why do individuals use checking accounts? What is the disadvantage of having funds in a checking account? Explain over-draft protection and stop payment orders. Are all bank fee structures the same?

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Personal Finance

ISBN: 978-0132994347

5th edition

Authors: Jeff Madura

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Question Posted: Oct 13, 2015 05:25 AM

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Why do individuals use checking accounts? What is the disadvantage of having funds in a checking account?

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Individuals have checking accounts so that they may pay ...View the full answer

Personal Finance

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