Question

Amy lost her wallet in which she had her credit card. Her liability for the stolen credit card is:

A. The amount that the thieves charge,
B.$50 regardless of when she discovers the loss.
C. $50 only if she notifies the bank that issued the credit card within to business days of discovering the stolen credit card.
D. none of the above

Answer 1

The correct answer for the question that is being presented above is this one: "A. The amount that the thieves charge." Amy lost her wallet in which she had her credit card. Her liability for the stolen credit card is: the amount that the thieves charge because whatever transactions made by the robber before reporting it, can be recorded.