8
QuizMultiple Choice

Selecting a Bank

Question 8 • ****Spring 2026 Financial Math - MA2007 MQS21QXV

Which of the following items may not be a good consideration in selecting a bank?

Answer
A
The word “FREE” is prominently displayed in the marketing pamphlet.
B
Knowledge of personal usage habits and needs.
C
Number of ATMs near where you live, shop, work, or travel.
D
The table of fees.

Explanation

A bank’s “FREE” marketing claim may be misleading or may apply only under certain conditions, so it is not a reliable consideration by itself. Your own banking habits, nearby ATM access, and the bank’s fee schedule are practical factors to compare when choosing a bank. The correct choice is the prominent “FREE” wording in the marketing pamphlet.

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