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Randy received his credit card bill and noticed multiple unauthorized charges. How soon must he notify his bank of these charges before he becomes entirely responsible for paying them? A. Within 24 hours
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Mar 24, 2018
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Randy received his credit card bill and noticed multiple unauthorized charges. How soon must he notify his bank of these charges before he becomes entirely responsible for paying them?
A. Within 24 hours
B. Within 2 days
C. Within a year
D. Within 60 days
Advanced Placement (AP)
high-school
Huff
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It is within 60 days, just took the test.
Simon Withington
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Mar 26, 2018
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Answer: D. Within 60 days.
Explanation.
For a credit card, there is no loss if the unauthorized charge is reported to the issuer of the credit card within 60 days.
For debit cards, there could be some loss.
Benthly
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Mar 30, 2018
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