Refer to Fact Pattern 15-1. When Britney receives her Campus Bank statement, she demands that the bank investigate the matter and recredit heraccount. The bank
A)has no duty to investigate.
B)must investigate and, if the dispute is not resolved within ten days, recredit Britney's account (at least until the dispute is resolved).
C)must investigate and immediately recredit Britney's account (at least until the dispute is resolved).
D)must investigate but need not recredit Britney's account.

Question

Quizplus · Accepted Answer

Under the Electronic Fund Transfer Act (EFTA), banks are required to investigate disputes and provisionally recredit the consumer's account within ten business days if the dispute is not resolved.