CIBNBanking Law

Set-off allows a bank to:

ASet off customer A's debt against customer B's credit
BSet off customer's debit balance in one account against credit balance in another of the same customerCORRECT
CCharge fees freely
DBlock accounts without notice
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Toaster Teacher
Why the answer is B, and why the others tempt you.
Set-off is the bank's right to net a customer's debit balance in one account against a credit balance in another account of the same customer in the same right.
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