Solved

Which of the Following Is True with Regard to the Federal

Question 14

Multiple Choice

Which of the following is true with regard to the federal Electronic Funds Transfer Act?


A) It gives the same protections to customers that are found in Article 4.
B) It limits a customer's liability for unauthorized transfers to $50 if the consumer notifies the financial institution within two days after learning of the loss or theft.
C) It is primarily a regulatory statute.
D) All of these.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions