Did Bank Of America Act In An Ethical Manner

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Recommended: Arguments for and against ethics in business

In my opinion, the arguments of this case would be: 1) Did Bank of America act in an ethical manner?; 2) Were the customers harmed by Bank of America’s choice to rank debit card transactions largest to smallest rather than in chronological order? 3) Did the customers act in an ethical manner by knowingly overdrawing their account? While the financial institution may be in the wrong, the missing detail is that the customers in the suit would have experienced at least a single overdraft fee at the least. Why is it acceptable for the customer to knowingly overdraw their account or spend money that they do not have and have the bank cover the transactions in the short-term?
The reasons for my argument against the customer rather than the bank is

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