Bill Did Not Keep a Close Watch on His ATM

Multiple Choice

Bill did not keep a close watch on his ATM card.He discovered,however,when he started to purchase some presents for his girlfriend that it was missing.Unfortunately,over $1,000 had been fraudulent purchased using the card by the time he reported it missing.The first fraudulent charge was made 45 days before Bill reported to his bank that the card was missing.Bill is liable for which of the following?

A) $0
B) $50
C) $300
D) $500
E) $1,000