Is Ariel correct that the recurring charge for the yoga class should be removed because she had notified the bank to cancel the automatic payment?

A) No, because she did not notify the bank at least three days before the preauthorized payment was scheduled.
B) No, because she did not notify the bank at least twenty-four hours before the preauthorized payment was scheduled.
C) No, because she did not notify the bank at least one business day before the preauthorized payment was scheduled.
D) Yes, because she notified the bank at least one business day before the payment was scheduled.
E) Yes, because she notified the bank to cancel the payment.

Question

Haley McElroy · Accepted Answer

Final Answer : A, Explanation :  Most banks require notification at least three business days before the preauthorized payment date to cancel automatic payments.

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Learning Objectives

Learning Objectives

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