Your Credit Card Was Stolen, and You Did Not Realize

Multiple Choice

Your credit card was stolen, and you did not realize that it was stolen until you received your most recent billing statement. You contacted the credit card company immediately after you read your statement. Fraudulent charges were as follows: $500 for a VCR, $400 for a new set of tires, $100 cash withdrawal, and $25 in interest charges on the above items. You did not carry credit card insurance. How much is your potential maximum liability?

A) $25.00
B) $50.00
C) $900.00
D) $1,000.00
E) $1,025.00