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Perry Had Four Credit Cards in His Billfold When His

Question 114

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Perry had four credit cards in his billfold when his wallet was stolen.He reported the cards missing four days after he discovered the loss,but the following charges were incurred before he reported the stolen cards:
Perry had four credit cards in his billfold when his wallet was stolen.He reported the cards missing four days after he discovered the loss,but the following charges were incurred before he reported the stolen cards:   How much is Perry's maximum legal liability for the fraudulent charges on these cards? A) $480 B) $400 C) $200 D) $185
How much is Perry's maximum legal liability for the fraudulent charges on these cards?


A) $480
B) $400
C) $200
D) $185

Correct Answer:

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