Morgan Acquired a Credit Card for Usury Unlimited Inc (UUI)

Morgan acquired a credit card for Usury Unlimited Inc (UUI) .While on vacation, Morgan used his card to purchase $25 000 soapstone sculpture by a famous Inuit artist.When he arrived home and had the piece appraised, however, the expert told Morgan that the sculpture was fraud, that the artist was unknown, and that the piece was worth $500 at most.Which of the following statements is most likely to be TRUE?

A) Morgan should issue a stop payment order as soon as possible to ensure that the merchant does not receive payment from UUI.
B) Because of the fraud, this case involves a contract between the cardholder and the card issuer, and a contract between the merchant and the card holder, but no contract between the merchant and the card issuer.
C) Because of the costs associated with the risk of fraud, UUI is entitled to charge Morgan any amount of interest that Morgan agreed to pay under their contract.
D) By using his credit card to purchase the sculpture, Morgan effectively asked UUI to pay the merchant on his behalf, and he promised UUI that he would repay that same amount.
E) UUI would not have allowed Morgan to use his card for the purchase unless he had paid the full balance of his credit card bill at the end of the previous month.