[Bank Statement Woes] While examining her bank statements in July, Ariel found several questionable items and telephoned her bank to sort out the problems. First, Ariel was charged $50 in a recurring direct withdrawal for her yoga class. However, Ariel had notified the bank at 4:30 p.m. the previous day that she wanted to cancel the automatic payment. Second, Ariel noticed two EFT payments in February to a veterinarian in another state, which Ariel is certain she did not authorize, since she does not have a pet. Third, Ariel noticed several EFT payments for a magazine subscription, which Ariel did not authorize and she never received any magazines. Also, Ariel wants to stop payment on an internet order she made two hours ago for an expensive watch.Is Ariel correct that the EFT charge to

Question

the veterinarian should be removed because it was not authorized?

A. No, because she did not notify the bank of the errors within 90 days of receiving her bank statement.
B. Yes, but only if Ariel can prove that she did not authorize the payment and that she does not own a pet.
C. Yes, because Ariel did not authorize the payment.
D. No, because she did not notify the bank of the errors within 60 days of receiving her bank statement.
E. Yes, because Ariel did not authorize the payment and she notified the bank of the error.

Answer 1

Answer: D