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A Consumer Who Notifies the Issuer of an EFT Card

Question 14

Multiple Choice

A consumer who notifies the issuer of an EFT card within two (2) days after learning of a loss or theft of the card is limited to a maximum liability of:


A) $500.
B) $50.
C) There is no liability limitation in this situation.
D) There is no liability in this situation.

Correct Answer:

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