Which of the Following Statements Regarding Debit and Credit Card

Multiple Choice

Which of the following statements regarding debit and credit card liability is correct?

A) A credit card carries more risk of loss to the cardholder.
B) A debit card carries more risk of loss to the cardholder.
C) There is no cardholder liability if either type of card is lost.
D) The Federal Government insures losses on credit but not debit cards.
E) The Federal Government insures losses on debit but not credit cards.