Consumer Responsibilities Answers

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23

Dwayne had a balance of $95.13 in his checking account on Monday morning. That day he used his debit card for the following transactions:Breakfast at the corner bagel shop: $8.53Gas in the car: $28.60Cable bill: $65.39Oil change: $30.64Dwayne's bank uses a balance system of debiting from highest to lowest. The bank will not return amounts up to a total of $50 in overdrafts, but they do charge a fee for each overdraft. How many overdraft fees will Dwayne incur?

A
1
B
2
C
3
D
4
25

Twila decides to purchase several party trays for her holiday party. She sees that a local store has relish trays for $18.95, cheese and cracker trays for $23.99, and cookie trays for $25.49. The store also has a coupon in its flyer for $5 off any purchase of $50 or more on party trays. Twila orders 1 relish, 1 cheese and cracker, and 2 cookie trays. At this store, discount coupons are applied after tax is calculated, so a sales tax of 8% was added to Twila’s purchase, and then coupon amount was deducted. If Twila was charged $96.43, determine if she paid the correct amount.

A
Twila paid the correct amount for her purchase.
B
Twila paid $4.00 too little for her purchase.
C
Twila paid $0.40 too much for her purchase.
D
Twila paid $2.51 too much for her purchase.
26

Which option below is a preventive measure against ID fraud or theft?

A
Make purchases through the mail only.
B
Never reveal personal information to a stranger.
C
Carry personal information in your wallet or purse.
D
Use the phone to transfer personal information.

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